Pennsylvania Statutes

§ 4206 — Transfer between banks

Pennsylvania·Title 13 COMMERCIAL CODE·Ch. 42 COLLECTION OF ITEMS: DEPOSITARY

Any agreed method that identifies the transferor bank is sufficient for the further transfer of the item to another bank.

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Legislative History

(July 9, 1992, P.L.507, No.97, eff. one year)

Nearby Sections

15

§ 4201

Status of collecting bank as agent and provisional status of credits; applicability

§ 4202

Responsibility for collection or return; when action timely

§ 4203

Effect of instructions

§ 4204

Methods of sending and presenting; sending directly to payor bank

§ 4205

Depositary bank holder of unindorsed item

§ 4206

Transfer between banks

§ 4207

Transfer warranties

§ 4208

Presentment warranties

§ 4209

Encoding and retention warranties

§ 4210

Security interest of collecting bank in items, accompanying documents and proceeds

§ 4211

When bank gives value for purposes of holder in due course

§ 4212

Presentment by notice of item not payable by, through or at a bank; liability of drawer

§ 4213

Medium and time of settlement by bank

§ 4214

Right of charge-back or refund; liability of collecting bank; return of item

§ 4215

Final payment of item by payor bank; when provisional debits and credits become final;

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