Presenting bank definition

Presenting bank means a bank presenting an item except a payor bank.
Presenting bank means a bank presenting an item except a payor bank. [C66, 71, 73, 75, 77, 79, 81, §554.4105]
Presenting bank means a branch of any bank where the cheques are presented for

Examples of Presenting bank in a sentence

  • In case of delay in payment for more than 3 (three) banking days, the Presenting bank shall revert the original documents to the Seller’s bank which will revert the documents to the Seller itself.

  • The following electronic documents are sent to the Buyer’s e-mail or their paper versions are sent to the Presenting bank (in Buyer’s option): 1.


More Definitions of Presenting bank

Presenting bank means a bank pre- senting an item except a payor bank. [1961 c.726 §74.1050; 1993 c.545 §76; 1997 c.631 §380]
Presenting bank means a bank presenting an item except a payor bank. (1965, c. 700, s. 1; 1995, c. 232, s. 2.)
Presenting bank means a bank presenting an
Presenting bank means, in relation to the Offer, BNP Paribas as banque presentatrice providing the guarantee referred to in article 5-1-4 of the Reglement General du CMF.
Presenting bank means a bank presenting an item except a payor bank. Formerly: Acts 1963, c.317, s.4-105. As amended by P.L.152-1986, SEC.210; P.L.222-1993, SEC.10; P.L.79-1998, SEC.28.
Presenting bank means a bank which presents a money order to, and receives credit therefor from a Federal Reserve Bank.
Presenting bank means: (1) A financial organization which, either directly or through a correspondent