ALERT 96-18
Type:   Unauthorized Banking                  Subject: International Investment Bancorporation, Inc.

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:  International Investment Bancorporation, Inc.
     1005 West Fourth Street
     Carson City, NV  89703

     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.  Further, the State of Nevada Division of Financial
     Institutions has advised that the subject entity has not
     been granted permission to operate in Nevada.  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: June 26, 1996