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2018 12 3 985211
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3 1 u is a form used for reporting information about foreign financial accounts.
Any US person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
3 1 u can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of 3 1 u is to combat money laundering and tax evasion by providing the US government with information about foreign financial accounts.
Information such as the account number, the name and address of the financial institution where the account is held, and the maximum value of the account during the reporting period.
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