Maryland § 4-105

§ 4-105.

    In this title:

        (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; and

        (6)    “Presenting bank” means a bank presenting an item except a payor bank.