490:4-105  “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 an item for collection, except the payor bank;

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