Subject: Suspicious Transactions
Date: May 24, 1995
Description: Ameritech Express (A.P.) Vickers Enterprise
Suspicious Transactions: Ameritech Express (A.P.) Vickers Enterprise
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
Information has been received that the subject entity has issue instruments titled AMERITECH EXPRESS INSTANCE TRAVELERS CASH NEGOTIABLE AT CURRENT RATE OF THE CHASE MANHATTEN BANK OF NEW YORK FOR DOLLARS, POUNDS, PESOS, YENS.
The Chase Manhattan Bank, N.A., a multi-national bank headquartered in New York, is not associated in any manner with the entity noted above. Chase Manhatten Bank of New York is not known to be an authorized bank.
To date, banks which have accepted such instruments have been unable to effect collection. It is suggested that extreme caution be exercised if requested to become involved in any such transaction.
Any information which you may have regarding this matter should be reported to:
Office of the Comptroller of the Currency
Daniel P. Stipano