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METRO NORTH HOSPITAL AND HEALTH Service N rot re cu fer are en NT CE ve on rs LY Io. n. Service Agreement 2013/14 2015/16CONTENTS INTRODUCTION .............................................................................................
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RRE stands for Report of Foreign Bank and Financial Accounts (FBAR), which is required by the US Department of the Treasury.
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US persons with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
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The FBAR form must be filed electronically through the FinCEN BSA E-Filing system.
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The purpose of FBAR is to combat tax evasion by US persons holding foreign financial accounts.
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Information about the foreign financial accounts, including account numbers, balance, and maximum value during the year.
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