“Matt’s Bleach Bypass Presets” are two free Adobe Lightroom presets that give your photos a “Bleach Bypass” effect. According to Matt, a Bleach Bypass is “basically like putting a black and white image over a color image”. Saturation is reduced, contrast is increased and the exposure is slightly nudged up to create a bit of a “blown out” look.
Link via “My Workflow | Part 4: Processing” by Phill Price Photography.