Alert 2004-24 | November 24, 2004

Unauthorized Banking: Atlantic Standard Chartered Bank & Trust, N. A. Internet Bank

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 All Examining Personnel

RE:

Atlantic Standard Chartered Bank & Trust, N.A. (ASCB)
www.ascbltdonline.com P.O. Box 60219
Atlantic Standard Capital, CA 93160-0839

The Office of the Comptroller of the Currency (OCC) has been advised that the above-referenced entity is actively engaged in offering a full range of deposit and banking services via the Internet. Please be advised that the OCC has not granted a charter to this organization, nor is it authorized to conduct the business of banking or provide banking-related services.

The contact information provided by the subject entity consists of either non-working numbers or generic facsimile numbers. In addition, the mailing address is not correct because the referenced 9-digit zip code is not valid for the noted location.

Any information that you may have concerning this entity should be brought to the attention of the:

Mail:	Office of the Comptroller of the Currency Enforcement & Compliance Division, MS 8-10 250 E Street, SW, Washington, DC 20219
Fax:	(202) 874-5301
Internet:	http://www.occ.treas.gov
Email:	occalertresponses@occ.treas.gov

Brian C. McCormally
Director
Enforcement & Compliance Division

Topic(s):

Unauthorized Banking