(a) If an item states that it is “payable through” a bank identified in the item, (i) the item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item, and (ii) the item may be presented for payment only by or through the bank.
(b) If an item states that it is “payable at” a bank identified in the item:
(1) The item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and
(2) The item may be presented for payment only by or through the bank.
(c) If a draft names a nonbank drawee and it is unclear whether a bank named in the draft is a codrawee or a collecting bank, the bank is a collecting bank.
Structure Maryland Statutes
Title 4 - Bank Deposits and Collections
Subtitle 1 - General Provisions and Definitions
Section 4-103 - Variation by Agreement; Measure of Damages; Action Constituting Ordinary Care
Section 4-104 - Definitions and Index of Definitions
Section 4-106 - Payable Through or Payable at Bank; Collecting Bank
Section 4-107 - Separate Office of a Bank
Section 4-108 - Time of Receipt of Items