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IMPORTANT INSTRUCTIONS: Prior to submitting this form, all persons requesting coverage must review the important disclosures and information found on www.unuminfo.com/bankofhawaii or in a paper enrollment
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Bef-eebank is a financial reporting form used to report foreign bank accounts and financial interest held by U.S. citizens and residents.
U.S. citizens, residents, and entities, such as partnerships, corporations, and limited liability companies, are required to file bef-eebank if they have foreign bank accounts with an aggregate value exceeding $10,000.
To fill out bef-eebank, individuals must provide details about their foreign bank accounts, including bank names, account numbers, and maximum account balances during the reporting period.
The purpose of bef-eebank is to promote tax compliance by ensuring that U.S. taxpayers report their foreign financial interests to the IRS.
Information that must be reported includes the name of the foreign bank, account numbers, maximum balances during the year, and identification details of the account holders.
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