SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported):
                                  August 15, 1996


                      Banc One Auto Grantor Trust 1996 - B
                    (Issuer with report to the Certificates)

                            Banc One ABS Corporation
             (Exact name of registrant as specified in its charter)



                                      Ohio
                  (State or other jurisdiction of organization)



                   333-3457                     31-1467431
          (Commission File Number) (IRS Employer Identification Number)



      c/o Bank One, Arizona, N.A., as Servicer, 201 North Central Avenue,
                     Attn: Tom Lewis, Phoenix, Arizona 85004
               (Address of Principal Executive Offices) (Zip Code)



               Registrant's telephone number, including area code:
                                 (602) 221-3704







Item 5.   Other Events

On August 15, 1996,  the Banc One Auto Grantor Trust 1996-B (the "Trust") made a
regular  monthly  distribution  of principal  and/or  interest to holders of the
Trust's Class A 6.55% Asset Backed  Certificates  and Class B 6.70% Asset Backed
Certificates.  Exhibit 99.1 of this Form 8-K, the Monthly  Statement and certain
additional  information,  was distributed to the  Certificateholders  of record.
This report on Form 8-K is being  filed in  accordance  with a no-action  letter
dated August 16, 1995 issued by the staff of the Division of Corporation Finance
of the  Securities  and  Exchange  Commission  to  Bank  One,  Texas,  N.A.,  as
originator  and  servicer of Bank One Auto Trust  1995-A.  Consistent  with such
no-action  letter,  the Trust is hereby filing the Monthly Statement and certain
additional information reflecting the Trust's activities for the Interest Period
from July 1, 1996 through July 31, 1996 and for the Collection  Period from July
1, 1996 through July 31, 1996.

Item 7.           Exhibits

                  See page 4 for Exhibit Index







EXHIBIT INDEX


Exhibit           Description                                              Page


99.1      Monthly Statements and Additional Information...........         5-13










SIGNATURE



Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                   BANC ONE AUTO GRANTOR TRUST 1996-B

                                   By:      Bank One, Arizona, N.A., as Servicer
                                            on behalf of the Trust


Date:   August 12, 1996            By:      /s/Tom Lewis
                                            ------------------------------------
                                            Name:  Tom Lewis

                                            Title: Vice President