Exhibit 21

SUBSIDIARIES OF THE REGISTRANT

Unless otherwise indicated, all of the voting securities of these subsidiaries are directly or indirectly owned by the registrant. Where the name of the subsidiary is indented, the voting securities of such subsidiary are owned directly by the company under which its name is indented.

Name	Country Name
American Express Company	(USA) New York
56th Street AXP Campus LLC	(USA) Arizona
American Express Austria Bank GmbH	Austria
American Express Bank LLC	Russian Federation
American Express Bank Ltd. S.A.	Argentina
American Express Banking Corp.	(USA) New York
American Express Travel Related Services Company, Inc.	(USA) New York
American Express Bank (Mexico) S.A Institucion de Banca Multiple	Mexico
American Express Bank Services, S.A. de C.V.	Mexico
American Express Bank FSB	United States
American Express Receivables Financing Corporation IV LLC	(USA) Delaware
American Express Business Loan Corporation	(USA) Utah
American Express Centurion Bank	(USA) Utah
American Express Receivables Financing Corporation III LLC	(USA) Delaware
American Express Company (Mexico) S.A. de C.V.	Mexico
American Express Insurance Services, Agente de Seguros, S.A. de C.V.	Mexico
American Express Servicios Profesionales, S.A. de C.V.	Mexico
American Express Credit Corporation	(USA) Delaware
American Express Capital Australia	Australia
American Express Credit Mexico, LLC	(USA) Delaware
Fideicomiso Empresarial American Express No.232033	Mexico
American Express Euro Funding Limited Partnership	United Kingdom
American Express Overseas Credit Corporation Limited	Jersey
AEOCC Management Company Limited	Jersey
American Express Overseas Credit Corporation N.V.	Netherlands Antilles
AE Hungary Holdings Limited Liability Company	Hungary
American Express Canada Credit Corporation	Canada
American Express Canada Finance Limited	Canada
American Express Sterling Funding Limited Partnership	United Kingdom
American Express Funding (Luxembourg) S.a.r.l	Luxembourg
Credco Receivables Corp.	(USA) Delaware

1

Name	Country Name
American Express Dutch Capital, LLC	(USA) Delaware
American Express Europe Limited	(USA) Delaware
Sceptre Nominees Limited	United Kingdom
American Express Global Financial Services, Inc.	(USA) Delaware
American Express Holdings Netherlands CV	Netherlands
American Express Insurance Agency of Puerto Rico, Inc.	Puerto Rico
American Express International (NZ), Inc.	(USA) Delaware
American Express Limited	(USA) Delaware
Alpha Card SCRL	Belgium
Alpha Card Merchant Services SCRL	Belgium
BCC Corporate NV/SA	Belgium
American Express (Malaysia) SDN. BHD.	Malaysia
American Express (Thai) Co. Ltd	Thailand
American Express Brasil Assessoria Empresarial Ltda.	Brazil
American Express International (B) SDN.BHD	Brunei Darussalam
American Express International Holdings, LLC	(USA) Delaware
American Express Argentina S.A.	Argentina
American Express Holdings (France) SAS	France
American Express France SAS	France
American Express Carte France SA	France
American Express Change SAS	France
American Express Paris SAS	France
American Express Services SA	France
American Express Voyages SAS	France
American Express Management	France
American Express France Finance SNC	France
South Pacific Credit Card Limited	New Zealand
Centurion Finance Limited	New Zealand
American Express International, Inc.	(USA) Delaware
AE Exposure Management Limited	Jersey
American Express (India) Private Limited	India
American Express Asia Network Consulting (Beijing) Limited Company	China
American Express Australia Limited	Australia
American Express Company AS	Norway
American Express Corporate Travel SA	Belgium
American Express Denmark A/S	Denmark
American Express Group Services Limited	United Kingdom

2

Name	Country Name
American Express Holding AB	Sweden
American Express Business Travel A/S	Denmark
American Express Business Travel AB	Sweden
American Express Business Travel AS	Norway
Forsakringsaktiebolaget Viator	Sweden
American Express Holdings Limited	United Kingdom
American Express Insurance Services Europe Limited	United Kingdom
American Express Services Europe Limited	United Kingdom
American Express Hungary Financial Services Closed Company Limited by Shares	Hungary
American Express Hungary Travel Services Ltd.	Hungary
American Express International (Taiwan), Inc.	Taiwan, Province of China
American Express International SA	Greece
Key Tours SA	Greece
American Express Japan Co., Ltd	Japan
American Express Locazioni Finanziarie s.r.l	Italy
American Express Payment Services Limited	United Kingdom
American Express Poland S.A.	Poland
American Express Reisebüro GmbH	Austria
American Express Services India Limited	India
American Express spol. s.r.o.	Czech Republic
American Express Swiss Holdings GmbH	Switzerland
Swisscard AECS AG	Switzerland
American Express Travel (Singapore) Pte. Ltd.	Singapore
American Express Travel Holdings (Hong Kong) Limited	Hong Kong
CITS American Express Air Services Ltd	China
CITS American Express Southern Air Services Ltd	China
CITS American Express Travel Services Ltd	China
Farrington American Express Travel Services Limited	Hong Kong
American Express Travel Holdings (M) Company SDN. BHD.	Malaysia
Mayflower American Express Travel Services SDN. BHD.	Malaysia
American Express Travel Services Vostok, LLC	Russian Federation
ZAO “American Express International Services”	Russian Federation
American Express Wholesale Currency Services Pty Limited	Australia
Amex Broker Assicurativo s.r.l.	Italy
Amex General Insurance Agency, Inc.	Taiwan, Province of China

3

Name	Country Name
Amex Life Insurance Marketing, Inc.	Taiwan, Province of China
Amex Travel Holding (Japan) Ltd.	Japan
American Express Nippon Travel Agency, Inc.	Japan
Interactive Transaction Solutions Limited	United Kingdom
Interactive Transactions Solutions SAS	France
Sociedad Internacional de Servicios de Panama S.A.	Panama
TransUnion Limited	Hong Kong
American Express Service (Thailand) Company Limited	Thailand
TRS Card International, Inc.	(USA) Delaware
American Express de Espana, S.A. (Sociedad Unipersonal)	Spain
American Express E.F.C., S.A. (Sociedad Unipersonal)	Spain
American Express Foreign Exchange, S.A. (Sociedad Unipersonal)	Spain
American Express Viajes, S.A. (Sociedad Unipersonal)	Spain
American Express Barcelo Viajes SL	Spain
Amex Asesores de Seguros, S.A. (Sociedad Unipersonal)	Spain
American Express Marketing & Development Corp.	(USA) Delaware
American Express Prepaid Card Management Corporation	(USA) Arizona
American Express Publishing Corporation	(USA) New York
American Express Receivables Financing Corporation II	(USA) Delaware
American Express Receivables Financing Corporation V LLC	(USA) Delaware
Amex (Middle East) B.S.C. (c)	Bahrain
Amex Al Omania LLC	Oman
Amex Egypt LLC	Egypt
ASAL (American Express Saudi Arabia Ltd)	Bahrain
Amex Bank of Canada	Canada
Amex Canada Inc.	Canada
Amex Card Services Company	(USA) Delaware
Asesorías e Inversiones American Express Chile Limitada	Chile
Amex Inmobiliaria Limitada	Chile
Bansamex, S.A.	Spain
Cardmember Financial Services Limited	Jersey
Cavendish Holdings, Inc.	(USA) Delaware
Drillamex, Inc.	(USA) Delaware
FRC West Property. LLC	(USA) Arizona

4

Name	Country Name
Harbor Payments, Inc.	(USA) Delaware
Fiware Holdings, Inc.	(USA) Delaware
Harbor Payments Corporation	(USA) Georgia
Southern Africa Travellers Cheque Company (Pty) Ltd	South Africa
Swiss Bankers Prepaid Services AG	Switzerland
Travel Impressions, Ltd.	(USA) Delaware
Travellers Cheque Associates Limited	United Kingdom
AMEX Assurance Company	(USA) Illinois
Amexco Insurance Company	(USA) Vermont
National Express Company, Inc.	(USA) New York
The Balcor Company Holdings, Inc.	(USA) Delaware
The Balcor Company	(USA) Delaware
Rexport, Inc.	(USA) Delaware

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