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2017CITY OF FAIRFIELD WEST CHESTER JEDD1 INCOME TAX DIVISION FAIRFIELD INCOME TAX DIVISION 701 VESSEL 710 VESSEL DR FAIRFIELD, OH FAIRFIELD, OH450143611 450143611 PH. (513) 8675327 8675327 PH. (513)WITHHOLDING
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701 wessel is a form used to report information related to foreign bank and financial accounts.
Any U.S. person who has 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 is required to file Form 701 wessel.
Form 701 wessel can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing system.
The purpose of Form 701 wessel is to combat money laundering and other financial crimes by providing information on foreign financial accounts held by U.S. persons.
Information such as the account holder's name, address, account number, the name and address of the foreign financial institution, and the maximum value of the account during the reporting period must be reported on Form 701 wessel.
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