Alert 1995-20 | May 24, 1995

Suspicious Transactions: Ameritech Express (A.P.) Vickers Enterprise

To

Chief Executive Officers of all National Banks; All State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); District Administrators; District Counsel and Examining Personnel

Information has been received that the subject entity has issue instruments titled AMERITECH EXPRESS INSTANCE TRAVELERS CASH NEGOTIABLE AT CURRENT RATE OF THE CHASE MANHATTEN BANK OF NEW YORK FOR DOLLARS, POUNDS, PESOS, YENS.

The Chase Manhattan Bank, N.A., a multi-national bank headquartered in New York, is not associated in any manner with the entity noted above. Chase Manhatten Bank of New York is not known to be an authorized bank.

To date, banks which have accepted such instruments have been unable to effect collection. It is suggested that extreme caution be exercised if requested to become involved in any such transaction.

Any information which you may have regarding this matter should be reported to:

Office of the Comptroller of the Currency
Enforcement & Compliance Division
Washington, D.C. 20219
(Fax 202-874-5301)

Daniel P. Stipano
Director
Enforcement & Compliance Division

Topic(s):

Suspicious Activity Reports (SAR)