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What is great souformrn bank all?

Great Souformrn Bank All is a financial form used to report foreign bank accounts.

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Any individual or entity with ownership or authority over a foreign bank account exceeding certain thresholds must file Great Souformrn Bank All.

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Great Souformrn Bank All can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.

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The purpose of Great Souformrn Bank All is to report information on foreign bank accounts to help prevent tax evasion and money laundering.

What information must be reported on great souformrn bank all?

Information such as the account number, account balance, name of the financial institution, and the foreign country where the account is located must be reported on Great Souformrn Bank All.