ALERT 98-37
Type: Unauthorized Banking
Subject:  Dominion International Bank, Ltd.
Date: November 4, 1998


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:  Dominion International Bank, Ltd.
     Christchurch
     Barbados, West Indies

Information has been received that the subject entity continues
to be in operation although the banking license was revoked
effective November 2, 1992.

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, SW
                    Washington, DC   20219
                    Fax (202) 874-5301 



                                                    
Daniel P. Stipano
Director
Enforcement & Compliance Division