ALERT 96-2
Type:  Unauthorized Banking    Subject: Commercial Trading Bank of Dubai 
                                                                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:  Commercial Trading Bank of Dubai Limited (Melchizedek)
     67 Wall Street, Suite 2411
     New York, New York 10005

     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 York Banking
     Department has advised that the subject entity has not been
     granted permission to operate in New York.  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:  January 24, 1996