A collection item (also called a noncash item) is an item presented to a bank for deposit that the bank will not, under its procedures, provisionally credit to the depositor's account or which the bank cannot (due to provisions or law or regulation) provisionally credit to a depositor's account.
[1] Payment must be received from the payor bank before the item may be credited to the depositor's account.
Cheques are usually handled by banks as a cash item, on the assumption that the payor bank will honor the check.
Noncash items include checks which carry special instructions, checks drawing on funds in foreign banks, and bankers' acceptances.
[5] In the United States, fees are generally imposed on collection items due to the special handling which they require.