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What is rven f s?

Rven f s stands for Report of Foreign Bank and Financial Accounts.

Who is required to file rven f s?

U.S. 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.

How to fill out rven f s?

Rven f s can be electronically filed through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of rven f s?

The purpose of rven f s is to report foreign financial accounts to the U.S. government in order to prevent money laundering and tax evasion.

What information must be reported on rven f s?

Individuals must report the name of the foreign financial institution, the account number, the maximum value of the account during the year, and the type of account.