BANC ONE CORP /OH/
424B3, 1997-09-18
NATIONAL COMMERCIAL BANKS
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Pricing Supplement No. 5  Dated September 11, 1997             Filed Pursuant to: Rule 424(b)(3)
(To Prospectus dated March 2, 1997 and                         File No. 333-22413
Prospectus Supplement dated March 20, 1997)
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                              BANC ONE CORPORATION
                                MEDIUM-TERM NOTES
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE

This document (the "Pricing Supplement") is issued to give details of an issue
by BANC ONE CORPORATION (the "Company") of its Medium-Term Notes.

This Pricing Supplement relating to $30,000,000 of the Company's Floating Rate
Senior Medium-Term Notes due September 10, 1999 (the "Notes") supplements the
terms and conditions in, and incorporates by reference, the Prospectus dated
March 3, 1997 and the Prospectus Supplement dated March 20, 1997 relating to up
to $2,000,000,000 of the Company's Medium-Term Notes, and all documents
incorporated by reference therein (together, the "Prospectus"), and should be
read in conjunction with the Prospectus. Unless otherwise defined in this
Pricing Supplement, terms used herein have the same meaning as in the
Prospectus.

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                                             DESCRIPTION OF THE NOTES
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Date of Issue:  09/18/1997     [X]Senior             [ ]Fixed Rate Note                 [ ]LIBOR Reuters
Maturity Date:   09/10/1999    [ ]Subordinated       [ ]CD Rate Note                    [X]LIBOR Telerate
CUSIP:  05943FAG0                                    [ ]Commercial Paper Rate Note      [ ]Prime Rate Note
                                                     [ ]Federal Funds Rate Note         [ ]Treasury Rate Note
                                                     [X]LIBOR Note                      [ ]CMT Rate Note
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Principal Amount:  $30,000,000
Issue Price (as a percentage of Principal Amount):  100.0%
Commission or discount (as a percentage of Principal Amount):   0.0%
Specified Currency:  U.S. Dollars
Initial Interest Rate:   LIBOR minus 3.0 basis points, calculated as if the
    Original Issue Date were an Interest Payment Date and with LIBOR determined
    through the application of linear interpolation between the interest rate
    for deposits in the Index Currency having an Index Maturity of 2 months and
    the interest rate for deposits in the Index Currency having an Index
    Maturity of 3 months.
Interest Payment Dates:   Each March 10, June 10, September 10 and December 10,
    commencing December 10, 1997 and ending September 10, 1999.
Regular Record Dates:   Fifteenth calendar day, whether or not a Business Day,
    immediately preceding the related Interest Payment Date.
Index Maturity:   3 months
Index Currency:   U.S. Dollars
Designated CMT Telerate Page:   None
Designated CMT Maturity Index:   None
Spread:   Minus 3.0 basis points
Spread Multiplier:   None
Minimum Interest Rate:   None
Maximum Interest Rate:   None

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Interest Payment Period:   Quarterly
Interest Reset Dates:   Each Interest Payment Date
Interest Reset Period:   Quarterly
Initial Redemption Date:   None
Initial Redemption Percentage:   None
Annual Redemption Percentage Reduction:   None
Optional Repayment Date(s):   None
Calculation Agent (If Applicable):   The Chase Manhattan Bank

                              PLAN OF DISTRIBUTION

The Notes will be sold to J. P. Morgan Securities Inc. at the Issue Price set
forth above for resale to one or more investors at varying prices related to
prevailing market prices at the time of resale.

This Pricing Supplement may be used by Banc One Capital Corporation ("BOCC"), a
wholly owned subsidiary of the Company, in connection with offers and sales
related to secondary market transactions in the Notes. BOCC may act as principal
or agent in such transactions. Such sales will be made at prices related to
prevailing market prices at the time of sale.


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