ALERT 96-7
Type: Unauthorized Banking   Subject: Sofi International Bank, 
                                      N.A.
      
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:  Sofi International Bank, N.A.
     999 South Bayshore Drive
     Miami, Florida 33131

     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 State of Florida, Office of
     Comptroller, Department of Banking and Finance has advised
     that the subject entity has not been granted permission to
     operate in Florida.  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: March 27, 1996