In this article: (1) [Reserved];

(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.