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KIDS CLUB NEWSLETTER www.fsbwc.comSummer 2018Hey Kids, DOLLARS & ENSEEIHT State Bank set a goal to make the Kids Club extra fun this summer, and I'm so excited! Complete the Savings Goal in the next
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What is fsbwc?
FSBWC stands for Foreign Bank and Financial Accounts Report.
Who is required to file fsbwc?
Any United States person who has a financial interest in or signature authority over foreign financial accounts must file FSBWC.
How to fill out fsbwc?
FSBWC can be filled out online using the FinCEN Form 114, also known as the Report of Foreign Bank and Financial Accounts (FBAR).
What is the purpose of fsbwc?
The purpose of FSBWC is to prevent tax evasion and money laundering by requiring individuals to report their foreign financial accounts to the U.S. government.
What information must be reported on fsbwc?
FSBWC requires individuals to report the name of the foreign financial institution, the account number, the maximum value of the account during the reporting period, and other identifying information.
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