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A APPLICATION FOR CHANGE OF SPONSOR R O YA L AN INTERNATIONAL FRATERNITY ORGANUM PROVIDING FAMILY PROTECTION Please complete online or print all information. If completed online, please save a copy
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R o ya l stands for Report of Foreign Bank and Financial Accounts.
Any United States 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.
R o ya l must be filed electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
The purpose of r o ya l is to prevent tax evasion by providing the US government with information about foreign financial accounts held by US persons.
The report must include information about the account holder, account numbers, the financial institution where the account is held, and the maximum value of the account during the year.
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