Code of Alabama
Part 2 - Collection of Items: Depositary and Collecting Banks.
Section 7-4-206 - Transfer Between Banks.

Any agreed method that identifies the transferor bank is sufficient for the item's further transfer to another bank.

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Structure Code of Alabama

Code of Alabama

Title 7 - Commercial Code.

Article 4 - Bank Deposits and Collections.

Part 2 - Collection of Items: Depositary and Collecting Banks.

Section 7-4-201 - Status of Collecting Bank as Agent and Provisional Status of Credits, Applicability of Article; Item Indorsed "Pay Any bank."

Section 7-4-202 - Responsibility for Collection or Return; When Action Timely.

Section 7-4-203 - Effect of Instructions.

Section 7-4-204 - Methods of Sending and Presenting; Sending Directly to Payor Bank.

Section 7-4-205 - Depositary Bank Holder of Unindorsed Item.

Section 7-4-206 - Transfer Between Banks.

Section 7-4-208 - Presentment Warranties.

Section 7-4-207 - Transfer Warranties.

Section 7-4-209 - Encoding and Retention Warranties.

Section 7-4-210 - Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds.

Section 7-4-211 - When Bank Gives Value for Purposes of Holder in Due Course.

Section 7-4-212 - Presentment by Notice of Item Not Payable By, Through, or at Bank; Liability of Drawer or Indorser.

Section 7-4-213 - Medium and Time of Settlement by Bank.

Section 7-4-214 - Right of Charge-Back or Refund; Liability of Collecting Bank; Return of Item.

Section 7-4-215 - Final Payment of Item by Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available for Withdrawal.

Section 7-4-216 - Insolvency and Preference.