### Question
What is the definition of receiving depository institution?


### Answer
The definition of **receiving depository institution** is as follows in *12 U.S.C. § 4001*:

> the branch of a depository institution or the proprietary ATM in which a check is first deposited

#### Citation:
  - *12 U.S.C. § 4001*
  - Heading: **CHAPTER 41-EXPEDITED FUNDS AVAILABILITY**

