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River Ridge School District TIMBERWOLVES NEWS December 2014 INSIDE THIS ISSUE Volleyball Awards Night by Dianne Longhair Christmas Concerts...................2 Operation Santa Claus...............3
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What is rrsd?
RRSD stands for Report of Foreign Bank and Financial Accounts.
Who is required to file rrsd?
Any United States person who has a financial interest in or signature authority over foreign financial accounts.
How to fill out rrsd?
RRSD can be filled out online through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of rrsd?
The purpose of RRSD is to report foreign financial accounts to the Treasury Department to combat money laundering and tax evasion.
What information must be reported on rrsd?
Information such as the name of the account holder, account number, name of the foreign financial institution, and maximum value of the account during the reporting period.
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