KRS 355.4-204: Methods of sending and presenting -- Sending directly to payor bank.

(1) A collecting bank shall send items by a reasonably prompt method, taking into

consideration relevant instructions, the nature of the item, the number of those items

on hand, the cost of collection involved, and the method generally used by it or

others to present those items.

(2) A collecting bank may send:

(a) An item directly to the payor bank;

(b) An item to a nonbank payor if authorized by its transferor; and

(c) An item other than documentary drafts to a nonbank payor, if authorized by

Federal Reserve regulation or operating circular, clearing -house rule, or the

like.

(3) Presentment may be made by a presenting bank at a place where the payor bank or

other payor has requested that presentment be made.