Section 7-4-105 “Bank”; “Depositary Bank”; “Payor Bank”; “Intermediary Bank”; “Collecting Bank”; “Presenting Bank.”
This provision defines several banking terms, including bank, depositary bank, payor bank, intermediary bank, collecting bank, and presenting bank.
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- United States — Alabama
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- Language
- en
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bank definitions payment items
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Section 7-4-105 “Bank”; “Depositary Bank”; “Payor Bank”; “Intermediary Bank”; “Collecting Bank”; “Presenting Bank.”
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