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110 Salzburger Hall 3009 Broadway / NY, NY 10027 http://www.barnard.edu/reslife212.854.5561 (pH) 212.854.1561 (fax) housing Barnard.edu2016 Lipton Host Room Form This form is required for any student
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What is 1561 fax?
1561 fax is a form used to report information about certain foreign financial accounts.
Who is required to file 1561 fax?
U.S. persons, including individuals, corporations, partnerships, and trusts, with financial interest in or signature authority over foreign financial accounts exceeding $10,000 at any time during the calendar year, are required to file 1561 fax.
How to fill out 1561 fax?
1561 fax can be filled out electronically and submitted online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of 1561 fax?
The purpose of 1561 fax is to combat money laundering and other financial crimes by providing the U.S. government with information about foreign financial accounts held by U.S. persons.
What information must be reported on 1561 fax?
1561 fax requires reporting of the account owner's identifying information, the account number and type, the name and address of the financial institution where the account is held, and the maximum value of the account during the calendar year.
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