Presentment Notice (Banking) Law and Legal Definition

Presentment is a demand made by or on behalf of a person entitled to enforce an instrument. Presentment notice is a notice containing information describing the item presented. Presentment of an item pursuant to an agreement for presentment is made when the presentment notice is received. Pursuant to U.C.C. § 4-110, when presentment is made by presentment notice, a reference to item or check means the presentment notice.