Alert 2005-7 | April 7, 2005

Unauthorized Banking: Caribbean International Bank, also known as Caribbean International Credit & Trust, One Financial Place, Suite 120, Lower Collymore Rock, Bridgetown, Barbados

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

The Central Bank of Barbados has informed the Office of the Comptroller of the Currency (OCC) that the Caribbean International Bank, also known as Caribbean International Credit & Trust, has not been licensed to operate as a bank in Barbados. In addition, the Barbados Registrar of Companies has no record of either entity.

Please be advised also that the OCC has not authorized the above-mentioned entity to operate as a bank in the United States.

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

Email:	cbb.libr@caribsurf.com
Mail:	The Central Bank of Barbados Tom Adams Financial Centre PO Box 1016 Bridgetown, Barbados, WI
Telephone:	(246) 436-6860
Fax:	(246) 437-3334

Any additional information concerning this matter that you think should be brought to the attention of the OCC, may be forwarded to:

Email:	occalertresponses@occ.treas.gov
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:	https://www.occ.gov

Brian C. McCormally
Director for Enforcement & Compliance

Topic(s):

Counterfeit/Stolen Instruments