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2016-17. The Family Educational Rights and Privacy Act ... This authorization form does not allow the University to release specific academic information.
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O F F I stands for Report of Foreign Bank and Financial Accounts, it is a form required by the U.S. Department of Treasury to report foreign financial accounts.
U.S. persons including citizens, residents, corporations, partnerships, trusts, and estates with financial interest or signature authority over foreign financial accounts exceeding certain thresholds are required to file O F F I.
O F F I can be filed electronically through the Financial Crimes Enforcement Network's BSA E-Filing System or by mailing the form to the Department of Treasury.
The purpose of O F F I is to prevent tax evasion by U.S. persons using foreign financial accounts.
O F F I requires reporting the name of the financial institution, type of account, maximum value of the account during the reporting period, and information about the account owner.
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