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                       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):
                -------------------------------------------------
                                February 17, 1998


                       BANC ONE AUTO GRANTOR TRUST 1996-B
                    -----------------------------------------
                    (Issuer with respect to the Certificates)


                            BANC ONE ABS CORPORATION
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             (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, Attn: Tom Lewis, 
          201 North Central Avenue, Phoenix, Arizona                   85004
- ---------------------------------------------------------------   -------------
 (Address of Principal Executive Offices)                           (Zip Code)


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

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Item 5.           Other Events

                  On February 17, 1998, 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 Banc 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 January 15,
                  1998 through February 13, 1998 and for the Collection Period
                  from January 1, 1998 through January 31, 1998.

Item 7.           Exhibits

                  See page 4 for Exhibit Index.






                                   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


                               By:  /s/ Tom Lewis
                                    ---------------------------
                                    Name: Tom Lewis
                                    Title: Vice President






Date: February 11, 1998




EXHIBIT INDEX


Exhibit       Description                                          Page
- -------       -----------                                          ----

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