Section 114. When Notice Need Not Be Given to Drawer. — Notice of dishonor is not required to be given to the drawer in either of the following cases:

  1. Where the drawer and drawee are the same person.

  2. When the drawee is a fictitious person or a person not having capacity to contract.

  3. When the drawer is the person to whom the instrument is presented for payment.

  4. Where the drawer has no right to expect or require that the drawee or acceptor will honor the instrument.

  5. Where the drawer has countermanded payment.