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B E A V E R B R O O K N E W S S T E P May 2015 Beaver brook STEP, Inc. Enriched Lives..... Enlightened Communities 85 Main St.,2nd floor Watertown, MA 02472 (617) 9261113 www.beaverbrookstep.org A
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What is b e a v?
B E A V stands for Bank Secrecy Act, Foreign Bank and Financial Accounts.
Who is required to file b e a v?
Any United States person who has a financial interest in or signature authority over foreign financial accounts must file a B E A V form.
How to fill out b e a v?
The B E A V form can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of b e a v?
The purpose of the B E A V form is to report foreign financial accounts and comply with the Bank Secrecy Act.
What information must be reported on b e a v?
The B E A V form requires reporting the maximum value of financial accounts held in foreign countries.
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