National Supervisory Authority & Licensing Qualification Dossier • North America
OCC
United StatesOffice of the Comptroller of the Currency (U.S.)
Source / Native Reference: 美国货币监理署
- Supervisory tier
- Tier-1
- License classes
- 2
- Licensed records
- 13
- Active / regulated
- 13
Statutory Supervisory Mandate & Scope
Office of the Comptroller of the Currency (U.S. OCC) (OCC) is the central banking and prudential supervisory authority in United States (Tier-1 jurisdiction). Its mandate encompasses monetary policy implementation, systemic financial stability, Basel III capital adequacy and liquidity (LCR/NSFR) supervision for credit institutions, payment systems oversight, and statutory licensing of banks and authorised financial institutions.
Prudential Tier Assessment
Tier-1Tier-1 sovereign central bank and macroprudential banking supervisor for United States, enforcing Basel III capital adequacy and national payment system integrity.
National licensing qualifications & statutory authorisation classes (OCC)
Authorisation categories, permitted institutional and retail activities, minimum initial capital adequacy, and ongoing prudential solvency rules enforced by OCC in United States.
| License class / code | Official designation | Permitted institutional & retail activities | Minimum initial / base capital | Ongoing prudential & solvency rule |
|---|---|---|---|---|
| Class A / Commercial Banking Charter | Full Commercial & Institutional Banking Licence | Deposit-taking, commercial lending, interbank FX market-making, trade finance, and institutional custody. | USD $10,000,000 – $50,000,000+ paid-up Tier 1 capital | Minimum Basel III Total Capital Ratio ≥ 10.5%–12.5%, CET1 ≥ 7.0%, LCR ≥ 100%, and NSFR ≥ 100%. |
| EMI / Payment & FX Institution Licence | Authorised Payment Institution / Electronic Money & FX Remittance Licence | Cross-border remittance, electronic money issuance, merchant payment acquiring, and deliverable spot FX conversion. | USD $150,000 – $500,000 equivalent paid-up capital plus statutory central bank security deposit. | 100% daily safeguarding of customer float in segregated commercial bank trust accounts. |
Investor compensation, client money segregation & digital-asset regime
Statutory counterparty protections, custody reconciliation mandates, and virtual-asset licensing status under OCC.
Statutory Deposit Insurance & Bank Resolution Scheme (United States)
- Maximum coverage per client
- USD $100,000 – $250,000 / EUR €100,000 equivalent per eligible depositor
- Eligible counterparties & scope
- Retail depositors and eligible corporate deposit accounts held at licensed credit institutions.
OCC Prudential Safeguarding & Custody Directives
- Reconciliation & audit cadence
- Daily reserve and Nostro/Vostro liquidity reconciliation; 100% ring-fencing of payment institution safeguarding accounts.
- Approved custodian requirements
- Central bank reserve accounts or ring-fenced statutory trust accounts at Tier-1 correspondent banks.
OCC Prudential Cryptoasset Exposure (BCBS SCO60) & CBDC / Stablecoin Oversight
- Travel Rule, custody & stablecoin rules
- Full FATF Recommendation 16 Wire Transfer & Virtual Asset Travel Rule compliance across supervised banking rails.
Primary Governing Statutes & Rulebooks
- Central Bank & Banking Supervision Act of United States
- Basel III Capital Adequacy (CET1 / Tier 1 / Total Capital) & Liquidity (LCR / NSFR) Prudential Standards
- National Payment Systems & Foreign Exchange Control Regulations (United States)
- FATF-Aligned Anti-Money Laundering & Counter-Terrorist Financing (AML/CFT) Banking Directives
Regulatory Reporting & Audit Obligations
Monthly/Quarterly Basel III COREP/FINREP prudential capital and liquidity returns to OCCAnnual IFRS statutory financial audit by an approved central-bank-panel external audit firmReal-time large-exposure, foreign exchange position, and suspicious transaction reporting (STR)
Cross-Border Equivalence & Passporting
Requires OCC home-host supervisory college approval or local branch/representative office licensing for cross-border banking operations.
Supervised institutions & OCC licence records in our database
13 licence records referencing OCC (13 regulated/registered).
| Institution | Licence number | Status | Licensed legal entity | Effective date | Verification |
|---|---|---|---|---|---|
| MUFG Bank | Number pending check | Regulated | MUFG BANK, LTD | — | |
| American Express(Global network record) | 25151 | Regulated | American Express National Bank | 2000-12-01 | |
| BofA(Global network record) | Number pending check | Regulated | American National Bank | — | |
| Citibank, N.A.(Global network record) | Number pending check | Regulated | CITIBANK, N.A. | — | |
| Fifth Third Bank(Global network record) | 21963 | Regulated | Fifth Third Bank, N.A. | 2009-05-04 | |
| KeyBank(Global network record) | 14761 | Regulated | KeyBank National Association | — | |
| MS(Global network record) | 24908 | Regulated | Morgan Stanley Bank, N.A. | — | |
| U.S. Bank(Global network record) | 24 | Regulated | U.S. Bank National Association | 1863-08-10 | |
| Ameriprise Financial(Global network record) | 718164 | Regulated | Ameriprise Bank, FSB | — | |
| Anchorage(Global network record) | 25243 | Regulated | Anchorage Digital Bank National Association | 2021-01-19 | |
| GS(Global network record) | 24173 | Regulated | The Goldman Sachs Trust Company, National Association | — | |
| Landmark(Global network record) | Number pending check | Regulated | Landmark National Bank | 1995 | |
| FNB Corporation(Global network record) | 7888 | Regulated | First National Bank of Pennsylvania | — |
OCC (United States): institutional licensing & due diligence FAQ
Key statutory capital, compensation, custody segregation, and verification answers for compliance teams.
What are the primary licensing classes and minimum capital requirements under OCC (United States)?
OCC (Office of the Comptroller of the Currency (U.S.)) supervises financial institutions in United States under Central Bank & Banking Supervision Act of United States and Basel III Capital Adequacy (CET1 / Tier 1 / Total Capital) & Liquidity (LCR / NSFR) Prudential Standards. Key statutory authorisation classes include: Class A / Commercial Banking Charter (Full Commercial & Institutional Banking Licence — min. capital: USD $10,000,000 – $50,000,000+ paid-up Tier 1 capital); EMI / Payment & FX Institution Licence (Authorised Payment Institution / Electronic Money & FX Remittance Licence — min. capital: USD $150,000 – $500,000 equivalent paid-up capital plus statutory central bank security deposit.). Ongoing prudential supervision requires strict adherence to capital adequacy and liquidity buffers.
Does OCC provide statutory investor compensation and mandatory client asset segregation?
Under OCC's framework, investor protection is governed by Statutory Deposit Insurance & Bank Resolution Scheme (United States) with maximum coverage of USD $100,000 – $250,000 / EUR €100,000 equivalent per eligible depositor (Retail depositors and eligible corporate deposit accounts held at licensed credit institutions.). For client money and custody assets, supervised firms must comply with OCC Prudential Safeguarding & Custody Directives, performing daily reserve and nostro/vostro liquidity reconciliation; 100% ring-fencing of payment institution safeguarding accounts. with central bank reserve accounts or ring-fenced statutory trust accounts at tier-1 correspondent banks..
How does OCC regulate digital assets, crypto exchanges (VASPs/CASPs), and stablecoins?
OCC's digital-asset regime is structured around OCC Prudential Cryptoasset Exposure (BCBS SCO60) & CBDC / Stablecoin Oversight (Regulates bank custody, payment settlement rails, fiat-backed stablecoin reserve backing, and Basel SCO60 capital weights.). Custody and AML/CFT compliance obligations require: Full FATF Recommendation 16 Wire Transfer & Virtual Asset Travel Rule compliance across supervised banking rails.
How can I verify an institution's OCC licence number and check our 13 recorded licence entries?
Our database currently tracks 13 licence records referencing OCC (13 marked regulated or registered). To verify a counterparty at the primary source, open OCC's official public register (https://www.occ.treas.gov/), search by the exact reference number and legal entity name, and confirm that the firm's domain and permitted activities match its statutory authorisation.
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Statutory licensing classes, base capital rules, and investor protection summaries for OCC (United States) are maintained for institutional benchmarking and do not constitute legal advice. Always verify current rulebooks and active firm authorisations directly on OCC’s official public register.