Alert 1995-44 | November 20, 1995

Suspicious Transactions: Certified Bankers Check

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 is being received that banks are receiving an instrument titled Certified Bankers Check purportedly payable at United States Post Offices, United States Treasury Department and Comptroller of Currency. Please be advised that such instruments are deemed to be without financial value; see attached copies of such instruments. A previous Alert 95-33, dated September 8, 1995, had been issued relative to a variant of these checks.

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

Topic(s):

Suspicious Activity Reports (SAR)