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Addendum to the Supporting Statement for Form SSA1695 Identifying Information for Possible Direct Payment of Authorized Fees OMB No. 09600730Terms of Clearances form is approved for one year only.
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Form 1695 is a form used to report information about certain foreign financial accounts.
Individuals who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year are required to file form 1695.
Form 1695 can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of form 1695 is to help the government combat money laundering, tax evasion, and other financial crimes.
Form 1695 requires reporting the account holder's information, the name and address of the foreign financial institution, and information about the account.
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