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FAR EASTERN BIBLE COLLEGE 9A Gil stead Road, Singapore 309063 Tel: (65)62569256 Fax: (65)62549188 Email: Feb.edu.SG Website: http://www.febc.edu.sg APPLICATION FOR ADMISSION Please attach recent photograph
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What is febc?
FEBC stands for Foreign Bank and Financial Accounts.
Who is required to file febc?
US persons who have 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 are required to file FBAR.
How to fill out febc?
FBAR can be filed electronically through the Financial Crimes Enforcement Network (FinCEN) website. You will need to provide information about your foreign financial accounts, including the account number, name and address of the financial institution, and maximum value of the account during the reporting period.
What is the purpose of febc?
The purpose of FBAR is to combat money laundering and tax evasion by tracking foreign financial accounts held by US persons.
What information must be reported on febc?
On FBAR, you must report the maximum value of each foreign financial account you had during the calendar year.
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