ALERT 99-4
Type: Unauthorized Banking
Subject: Liechetensteinische-Amerikanische
          Union Bank Corp.
Date: February 24, 1999

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

RE:  Liechetensteinische-Amerikanische Union Bank Corp.
     USA Management Office
     545 8th Avenue, Suite 401
     New York, New York 10018

     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 New York State 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:
               New York State Banking Department
               Criminal Investigation Bureau
               2 Rector Street (18th floor)
               New York, NY  10006 Phone: 212-618-6581
                                   Fax:   212-618-6588 
     and
               Office of the Comptroller of the Currency
               Enforcement & Compliance Division
               250 E Street, SW
               Washington, DC   20219   Fax (202) 874-5301 


                                                         
     Daniel P. Stipano
     Director
     Enforcement & Compliance Division