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FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1996-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month
regarding current distributions to Certificateholders and the performance of
the Capital One Master Trust (the "Trust") during the previous month. The
information which is required to be prepared with respect to the Distribution
Date of October 16, 2000, and with respect to the performance of the Trust
during the month September, 2000 is set forth below. Certain of the
information is presented on the basis of an original principal amount of
$1,000 per investor Certificate (a "Certificate"). Certain other information
is presented based on the aggregate amounts for the Trust as a whole.
Capitalized terms used in this Certificate have their respective meanings set
forth in the Pooling and Servicing Agreement.
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
October 16, 2000 per $1,000 Original Principal Amount 5.8049652750
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2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000 Original
Principal Amount 5.8049652750
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3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000 Original
Principal Amount 0.0000000000
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B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
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2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
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3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00
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4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1996-3 Investor Certificateholder's
Investment) 0.0000000000
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5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
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C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
October 16, 2000 per $1,000 Original Principal Amount. 6.0116320000
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2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000 Original
Principal Amount. 6.0116320000
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3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000 Original
Principal Amount. 0.00
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D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
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2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
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3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
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4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount
of each Series 1996-3 Investor Certificateholder's
Investment) 0.0000000000
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5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.0000000000
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E) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the
Collateral Account) was equal to 45,000,000
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F) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the Collateral
Account and payments to the Collateral Indebtedness Holder on such
Distribution Date, will be equal to 45,000,000
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