Subject: Unauthorized Banking
Date: February 21, 2001
Description: British Bank of Commerce
Unauthorized Banking: British Bank of Commerce
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); Assistant Deputy Comptrollers; District Counsel and Examining Personnel
Information has been received that the subject entity may be operating a banking business in the United States without authorization. The Office of the Comptroller of the Currency has not granted a national bank charter to this entity and the state of New York has not granted permission for it to operate a banking business.
Any information which you may have concerning this matter should be brought to the attention of:
Brian C. McCormally