Definitions for "Presenting Bank"
In a draft collection transaction, the bank that contacts the drawee, generally the buyer of goods, for acceptance and/or payment.
The bank that requests payment of a collection bill. This may be the collecting bank, its nominated branch or its local correspondent, whichever party is best located to contact the importer.
Under Article 4 Bank Deposits And Collections, this is any bank presenting an item except a payor bank.