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What is r e d b?

The REDB stands for Report of Foreign Bank and Financial Accounts.

Who is required to file r e d b?

US persons with foreign financial accounts exceeding certain thresholds are required to file REDB.

How to fill out r e d b?

REDB can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of r e d b?

The purpose of REDB is to report foreign financial accounts to help combat money laundering and tax evasion.

What information must be reported on r e d b?

Information such as account numbers, the name and address of the foreign financial institution, and the maximum value of the account during the reporting period must be reported on REDB.