TRAVELERS FUND BD III FOR VARIABLE ANNUITIES
N-8A, 1997-05-22
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                                    FORM N-8A


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

              NOTIFICATION OF REGISTRATION PURSUANT TO SECTION 8(a)
                      OF THE INVESTMENT COMPANY ACT OF 1940


        The undersigned investment company hereby notifies the Securities and
Exchange Commission that it registers under and pursuant to the provisions of
Section 8(a) of the Investment Company Act of 1940 and in connection with such
notification of registration submits the following information:

NAME:  The Travelers Fund BD III for Variable Annuities

ADDRESS OF PRINCIPAL BUSINESS OFFICE:  One Tower Square, Hartford, CT 06183

TELEPHONE NUMBER:   (860) 277-0111

NAME AND ADDRESS OF AGENT FOR SERVICE OF PROCESS:

             Ernest J. Wright
             Secretary
             The Travelers Insurance Company
             One Tower Square
             Hartford, CT 06183

Check Appropriate Box:

Registrant is filing a Registration Statement pursuant to Section 8(b) of the
Investment Company Act of 1940 concurrently with the filing of Form N-8A:

                      [X]  Yes                [  ]  No

        Pursuant to the requirements of the Investment Company Act of 1940, the
sponsor of the registrant has caused this Notification of Registration to be
duly signed on behalf of the registrant in the City of Hartford and the State of
Connecticut on the 13th day of May, 1997.


                       THE TRAVELERS FUND BD III FOR VARIABLE ANNUITIES

                       By: The Travelers Insurance Company

                       By:  Ian R. Stuart
                            Senior Vice President and Chief Financial Officer


Attest:

By:  Ernest J. Wright
     Secretary




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