In this Article :
(1) " Bank " means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company.
(2) " Depositary bank " means the first bank to take an item even though it is also the payor bank , unless the item is presented for immediate payment over the counter;
(3) " Payor bank " means a bank that is the drawee of a draft ;
(4) " Intermediary bank " means a bank to which an item is transferred in course of collection except the depositary or payor bank ;
(5) " Collecting bank " means a bank handling an item for collection except the payor bank ;
(6) " Presenting bank " means a bank presenting an item except a payor bank .