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2010 Middle River Loop Fayetteville NC 28312 910 323-4026--RCA Office 910 323-2843--Fax www. rcanc.us Confidential Pastor/Character Reference Recommendation Dear Parent or Guardian Complete the following information and give this form to your pastor/community leader. Student Grade Applying My son/daughter is applying for admission to Riverside Christian Academy. I would appreciate your completion of this form and returning it to the school office at Riverside Christian Academy. Date Signature...
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RCANC stands for Report of Foreign Bank and Financial Accounts (FBAR) and is a form required by the US Department of the Treasury to report foreign financial accounts exceeding certain thresholds.
Any US 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 is required to file RCANC.
RCANC can be filed electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System. The form requires information about the account holder, account details, and the highest value of the account during the year.
The purpose of RCANC is to combat money laundering, tax evasion, and other financial crimes by providing the US government with information about foreign financial accounts held by US persons.
RCANC requires the reporting of the account holder's information, account details, and the maximum value of the account during the year.
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