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BOARD OF TRUSTEES McHenry County COLLEGE DISTRICT #528 Thursday, February 23, 2017, Regular Board Meeting 6:30 p.m. Board Room 8900 U.S. Highway 14 Crystal Lake, IL 60012 AGENDA1. CALL TO ORDER 2.
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8900 u is a form used to report information related to certain financial accounts maintained by foreign financial institutions.
U.S. persons who have a financial interest in or signature authority over foreign financial accounts are required to file Form 8900 u.
Form 8900 u can be filled out electronically and submitted to the Financial Crimes Enforcement Network (FINCEN) through the BSA E-Filing system.
The purpose of Form 8900 u is to combat money laundering, terrorism financing, and other financial crimes by providing the U.S. government with information about foreign financial accounts held by U.S. persons.
Form 8900 u requires reporting of the account holder's identifying information, details about the foreign financial institution, and information regarding the account balance and activity.
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