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R. A. D. T R A I N I N G (Friday Runs, June 3 August 5) Runner Attribute Development prepares runners for regular cross-country and track seasons. The summer session is specifically designed to build
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RADT stands for Report of Foreign Bank and Financial Accounts.
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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, is required to file a RADT.
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RADT can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
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The purpose of RADT is to report foreign financial accounts to the U.S. government in order to combat money laundering and other financial crimes.
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RADT requires reporting of the account holder's personal information, details of the foreign financial account, and the highest balance in the account during the reporting period.
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