If First Bank receives a check for collection on Friday at 4:30 p.m., it does not have to present the check to the payor bank by midnight Saturday.

Question

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According to the Uniform Commercial Code (UCC), banks are not required to present checks for payment on non-business days. Since Saturday is typically considered a non-business day for banks, First Bank would not be required to present the check to the payor bank by midnight Saturday.

If First Bank Receives a Check for Collection on Friday