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IDB BANK DEPOSIT POLICY
CHAPTER 1×1. Preamble Page
32. Types of Deposit Account43. Account Opening and Operations of Deposit Accounts
3.1
Account Opening
3.2
Operations of Deposit Accounts
3.3
Mandate
3.4
Addition
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What is summary chapter 4?
Chapter 4 is a summary of information related to foreign account holders that is required to be filed with the IRS.
Who is required to file summary chapter 4?
Certain financial institutions are required to file summary chapter 4 with the IRS.
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Summary chapter 4 can be filled out electronically using the appropriate form provided by the IRS.
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The purpose of summary chapter 4 is to report information about foreign account holders to the IRS.
What information must be reported on summary chapter 4?
Information about foreign account holders such as their names, addresses, and account balances must be reported on summary chapter 4.
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