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RAD NOR TOWNSHIP SCHOOL DISTRICT Administration Building 135 South Wayne Avenue, Wayne, PA 19087 (610) 6888100 FAX (610) 6886264 wave.RTS.org July 15, 2015, RE: Invitation To Submit a Bid for five

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rtsd stands for Report of Foreign Bank and Financial Accounts, which is a form required by the U.S. Department of the Treasury to report foreign financial accounts.

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U.S. persons, including individuals, corporations, partnerships, trusts, and estates, who have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file rtsd.

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rtsd is typically filed electronically through the FinCEN BSA E-Filing system. The form requires information about the foreign financial accounts owned or controlled by the filer.

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The purpose of rtsd is to prevent tax evasion and money laundering by ensuring that U.S. persons disclose their foreign financial accounts to the government.

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rtsd requires information such as the account number, name of the financial institution, maximum value of the account during the reporting period, and the country where the account is located.

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