§ 62a-4-105

RCW 62A.4-105'Bank'; 'depositary bank'; 'payor bank'; 'intermediary bank'; 'collecting bank'; 'presenting bank'.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 the item for collection except the payor bank;(6) 'Presenting bank' means a bank presenting an item except a payor bank.[ 1993 c 229 s 81; 1965 ex.s. c 157 s 4-105. Cf. former RCW 30.52.010; 1955 c 33 s 30.52.010; prior: 1929 c 203 s 1.]NOTES:Recovery of attorneys' fees—Effective date—1993 c 229: See RCW 62A.11-111 and 62A.11-112.