Intermediary Bank

Intermediary Bank

Definition

For purposes of Article 4A of the Uniform Commercial Code, a bank receiving a payment order other than the bank of the payment order’s originator or the bank of the payment order’s beneficiary.

Get full access FREE

With a 7-day free trial membership
Here's why 804,000 law students have relied on our key terms:
  • A complete online legal dictionary of law terms and legal definitions
  • Over 7,900 key terms written in plain English to help you not only understand the law but master it
  • The premier online law dictionary built specifically for law students
  • Easy access in class or on the go, accessible both online and through the Quimbee mobile app
  • Reliable - written by legal professors and practitioners
  • Get instant access to all related rules of law to any specific key term with a Quimbee Study Aid plan

Get full access FREE

With a 7-day free trial membership