Presentation for payment made to the payer by an authorized bank or clearing system for instruments shall be deemed as presentation by the bearer
2.
In the case of documents payable at sight the presenting bank must make presentation for payment without delay . in the case of documents payable at a tenor other than sight the presenting bank must , where acceptance is called for , make presentation for acceptance without delay , and where payment is called for , make presentation for payment not later than the appropriate maturity date