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Under Code § 8.4-205.1, when a customer delivers an item to a depository bank for collection, the bank becomes a holder of the item if the customer was a holder, whether or not its customer indorses the item. The depository bank warrants to collecting banks, the payor bank or other payor, and to the drawer that the amount of the item was paid to the customer or deposited to the customer's account. The official comment to that section makes clear that 'whether it [the depository bank] supplies the customer's endorsement is immaterial.' Code § 8.4-205.1, Official Comment.