Section 4--204. Methods of Sending and Presenting; Sending Direct to Payor Bank

(1) A collecting bank must send  items  by  reasonably  prompt  method
  taking  into  consideration any relevant instructions, the nature of the
  item, the number of such items on  hand,  and  the  cost  of  collection
  involved  and  the method generally used by it or others to present such
  items.
    (2) A collecting bank may send
         (a) any item direct to the payor bank;
         (b) any  item  to  any  non-bank  payor  if  authorized  by   its
             transferor; and
         (c) any item other than documentary drafts to any non-bank payor,
             if  authorized  by  Federal  Reserve  regulation or operating
             letter, clearing house rule or the like.
    (3) Presentment may be made by a presenting bank at a place where  the
  payor bank has requested that presentment be made.