(810 ILCS 5/4-105) (from Ch. 26, par. 4-105)
    Sec. 4-105. "Bank"; "Depositary Bank"; "Payor Bank"; "Intermediary Bank"; "Collecting Bank"; "Presenting Bank".
    In this Article:
    (1) "Bank" means any 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.
(Source: P.A. 87-582; 87-1135.)