ALERT 95-43
Type:  Unauthorized Banking        Subject:  Chartered Bank of North America Limited

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.



RE:  Chartered Bank of North America Limited
     51-Newark Street
     Hoboken, New Jersey  07030


     Information has been received that the subject entity may be
     operating a banking business in the United States without
     authorization.  Further, the State of New Jersey Department
     of Banking has advised that the subject entity has not been
     granted permission to operate in New Jersey.  Any
     information which you may have concerning this matter should
     be brought to the attention of:

                    Office of the Comptroller of the Currency
                    Enforcement & Compliance Division
                    250 E Street, S.W.
                    Washington, D.C.  202l9
                    Fax (202) 874-5301




                                      
     Daniel P. Stipano
     Director
     Enforcement & Compliance Division
     Date:      November 20, 1995