Maryland Statutes
Subtitle 1 - General Provisions and Definitions
Section 4-105 - "Bank"; "Depositary Bank"; "Payor Bank"; "Intermediary Bank"; "Collecting Bank"; "Presenting Bank"

In this title:
        (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; and
        (6)    “Presenting bank” means a bank presenting an item except a payor bank.