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United States Department of Agriculture Forest Service FS703 Revised October 2012Accessibility Guidebook for Ski Areas Operating on Public Lands2012 Update U.S. Department of Agriculture (USDA) prohibits
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FS-703 is a form used to report information about foreign bank and financial accounts.
U.S. persons with a financial interest in or signature authority over one or more foreign financial accounts exceeding certain thresholds are required to file FS-703.
FS-703 can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of FS-703 is to help combat money laundering and other financial crimes by identifying and tracking foreign financial accounts held by U.S. persons.
FS-703 requires reporting of detailed information about foreign financial accounts, including the account number, the name and address of the financial institution, and the maximum value of the account during the reporting period.
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