Alert 2004-9
ALERT	

Subject:      Unauthorized Banking; Unlicensed Bank
Description:  Lincoln Bank and Trust Company Limited, Montserrat, WI

Date:         March 12, 2004

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:  License Revocation of Lincoln Bank and Trust Company Limited, 
     Montserrat

The Office of the Comptroller of the Currency has been informed by the 
Financial Services Commission, Brades, Montserrat (FSA), that the above-
referenced company is claiming to hold a valid offshore banking license 
issued by the FSA.

Please be advised that the company’s offshore banking license was revoked 
on May 1, 2001, and has not been reinstated.  Accordingly, Lincoln Bank 
and Trust Company Limited has no authority under Montserrat law to 
perform the business of banking.

Any information that you may have concerning this matter should be brought 
to the attention of:

Mail:	   Office of the Comptroller of the Currency
	   Enforcement & Compliance Division, MS 8-10
	   250 E Street, SW, Washington, DC   20219
	   Fax:	(202) 874-5301
Internet:  http://www.occ.treas.gov
E-mail:	occalertresponses@occ.treas.gov
And 
	Financial Services Commission
	P.O Box 188, 
	Brades, Montserrat 
	Tel:  (664) 491-6887  
	Fax:  (664) 491-9888
E-mail	fscmrat@candw.ag



Brian C. McCormally
Director, 
Enforcement & Compliance Division