ALERT 96-20
Type:  Unauthorized Banking                  Subject: Ivertbanki 

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:  Ivertbanki
     150 East 58th Street, 33rd floor
     New York, New York 10155

     Information has been received that the subject entity may be
     operating a banking business in the United States without
     authorization.  Further, the New York State Banking
     Department has advised that the subject entity is not
     authorized to conduct a banking business in the State of 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: July 2, 1996