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November 2017Activity CalendarDaily Volunteer Visitors/Library Books/Magazine RackGRVideo Library/DVDs/VHSGRTalking Book/Books on /TapeGRMovin Movies CartGRPastoral Care Visits, W, The, FThreetiered
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What is rmrm?
RMRM stands for Report of Foreign Bank and Financial Accounts. It is a report filed with the US Treasury to disclose foreign financial accounts.
Who is required to file rmrm?
US persons including individuals, corporations, partnerships, estates, and trusts must file an RMRM if they have a financial interest in or signature authority over foreign financial accounts.
How to fill out rmrm?
RMRM can be filed electronically through the FinCEN BSA E-filing system. The form requires information about the account, account holder, and details of the financial institution.
What is the purpose of rmrm?
The purpose of RMRM is to combat money laundering, tax evasion, and other financial crimes by providing transparency into foreign financial accounts held by US persons.
What information must be reported on rmrm?
RMRM requires details of the foreign financial account, including the account number, financial institution name and address, and maximum value during the reporting period.
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