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What is n 129?

n 129 is a form used for reporting foreign bank accounts and financial assets.

Who is required to file n 129?

U.S. citizens and residents, as well as certain non-residents, are required to file n 129 if they have foreign financial accounts or assets.

How to fill out n 129?

n 129 can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of n 129?

The purpose of n 129 is to combat money laundering and terrorism financing by requiring individuals to report their foreign financial accounts.

What information must be reported on n 129?

Individuals must report the highest value of their foreign financial accounts during the year, as well as information about the financial institution where the account is held.

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