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Royal Air Force Education and Training Officers Association (RAFEdTOA)RAFEDTOA LIFE MEMBERSHIP APPLICATION FORM FOR RETIRED PERSONNELPlease complete this form to apply for life membership* to RAFEdTOA.
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Rafedtoa stands for Report of Foreign Bank and Financial Accounts (FBAR). It is a form used to report foreign financial accounts to the US Department of Treasury.
US persons, including citizens, residents, and entities, 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 rafedtoa.
Rafedtoa can be filled out electronically through the FinCEN's BSA E-Filing System. Detailed instructions can be found on the official website of the US Department of Treasury.
The purpose of rafedtoa is to help the US government identify individuals who may be using foreign financial accounts to evade taxes or engage in other illegal activities.
Rafedtoa requires reporting of the name of the financial institution, account number, maximum value of the account during the year, and the country where the account is located.
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