Collection item

A collection 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 provisionally credit to a depositor's account. Collection items do not create float. Payment must be received from the payor bank before the item may be credited to the depositor's account.
A collection item may be contrasted with a "demand item" or cash item, under which the bank credits the depositor's account immediately. Cheques are usually handled by banks as a cash item, on the assumption that the payor bank will honor the check. Cheques create float.
Other types of collection items include:

A noncash item is a special kind of collection item. Noncash items include checks which carry special instructions, checks drawing on funds in foreign banks, and bankers' acceptances.
In the United States, fees are generally imposed on collection items due to the special handling which they require.