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In this Article:\n(1) 'Bank' means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company;\n(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;\n(3) 'Payor bank' means a bank that is the drawee of a draft;\n(4) 'Intermediary bank' means a bank to which an item is transferred in course of collection except the depositary or payor bank;\n(5) 'Collecting bank' means a bank handling an item for collection except the payor bank;\n(6) 'Presenting bank' means a bank presenting an item except a payor bank.