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Before the F E D E R A L C O M M U N I C AT I O N S C O M M I S S I O N Was h i n g t o n, D. C.UNIVERSAL SERVICE ADMINISTRATIVE COMPANY F e d e r an l Un i v e r s an l S e r v i c e S u p p o r
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F E D E stands for Foreign Bank Account Report.
Any U.S. person with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
F E D E can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of f e d e is to report foreign financial accounts to the U.S. government to help combat tax evasion.
Information such as the account holder's name, address, account number, and the maximum value of the account during the reporting period must be reported on f e d e.
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