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To all the StudentsofComputer Science and Software Engineering the School of Computer Science at Reykjavík University Fraunhofer Center for Experimental Software Engineering (http://www.fcmd.umd.edu/)
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Who needs fc-md?

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Fc-md is needed by individuals or organizations who are planning to migrate or travel to foreign countries for various purposes.
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fc-md stands for Foreign Currency Monetary Instrument Deposit and it is a form used to report the deposit of foreign currency monetary instruments into a US bank account.
Any individual or entity who makes a deposit of foreign currency monetary instruments into a US bank account is required to file fc-md.
fc-md can be filled out electronically or in paper form. It requires information such as the amount and currency of the deposit, the bank account details, and the source of the funds.
The purpose of fc-md is to track and report deposits of foreign currency monetary instruments in US bank accounts to help prevent money laundering and terrorist financing.
Information such as the amount and currency of the deposit, the bank account details, and the source of the funds must be reported on fc-md.
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