Paying bank
(z) Paying bank means (1) The bank by which a check is payable, unless the check is payable at another bank and is sent to the other bank for payment or collection; (2) The bank at which a check is payable and to which it is sent for payment or collection; (3) The Federal Reserve Bank or Federal Home Loan Bank by which a check is payable; (4) The bank through which a check is payable and to which it is sent for payment or collection, if the check is not payable by a bank; or (5) The state or unit of general local government on which a check is drawn and to which it is sent for payment or collection.