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Presenting Bank

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Presenting Bank
A bank that gives a demand for payment to another bank. For example, the presenting bank may submit a check to another bank and receive payment. The presenting bank does this if the financial instrument is drawn on another bank.


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Contractors generally get 20 percent of project costs in the first installments that they receive on presenting bank guarantees.
Contractors generally get 20 percent of project costs in the first installments that they receive on presenting bank guarantees.
The presenting banks are small and mid-cap banks conducting their operations primarily in the Midwest region of the United States.
 
 
 
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