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Farm Management Deposit (FMD) Application Form FIXED RATE FARM MANAGEMENT DEPOSIT* VARIABLE RATE FARM MANAGEMENT DEPOSIT Please complete this form in BLOCK LETTERS using black ink. Please note that
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Deposit FMD stands for Deposit Form for Monthly Declaration.
All financial institutions and individuals holding deposits greater than a certain threshold are required to file deposit FMD.
Deposit FMD can be filled out online or through a physical form provided by the regulatory authority.
The purpose of deposit FMD is to monitor and regulate large deposits to prevent money laundering and other financial crimes.
Information such as the account holder's name, account number, deposit amount, source of funds, and purpose of the deposit must be reported on deposit FMD.
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