NationsBank Corporation   
Charlotte, NC  28255      
Tel 704 386-5000          

Pricing Supplement No. 0155 Dated October 17, 1996    Rule 424(b)(2)      
(To Prospectus dated November 24, 1995 and            File number:  33-63097  
Prospectus Supplement dated January 10, 1996)        

Senior Medium-Term Notes, Series E                           
Due Nine Months or More From Date of Issue                   


Principal Amount:                                    $  10,000,000.00
Issue Price:                           100.00000%    $  10,000,000.00
Commission or Discount:                  0.05500%    $       5,500.00
Proceeds to Company:                    99.94500%    $   9,994,500.00

Agent:                            Morgan Stanley & Co. Incorporated, as 
                                  Principal                           


Original Issue Date:              October 22, 1996     

Stated Maturity Date:             October 22, 1999     

Cusip #:                          63858R-EC-1    
Form:                             Book entry only         


Interest Rate:                    Floating                     


Base rate:                        LIBOR Telerate Page 3750                   

Index maturity:                   90 days                                    
Spread:                           + 6.0 bps        

Initial Interest Rate:            5.58734%                        
                                                                  

Interest Reset Period:            Quarterly, commencing on January 22, 
                                  1997                            

Interest Reset Dates:             22nd of January, April, July, and 
                                  October                         

Interest Determination Date:      Two London Banking Days preceding the
                                  Reset Date                     

Interest Payment Dates:           22nd of January, April, July and 
                                  October, commencing on January 22, 1997


May the Notes be redeemed by the company prior to maturity?       No           
May the notes be repaid prior to maturity at the option   
of the holder?                                                    No           
Discount Note?                                                    No