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RFC Dollars can be accumulated through incentive programs sponsored by the Recreation and Fitness Center. You may redeem RFC Dollars for items from the following three categories. Simply choose a
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RFC dollars form refers to the Report of Foreign Bank and Financial Accounts (FBAR) form. It is used to report a financial interest in or signature authority over foreign financial accounts.
Any United States person, including citizens, residents, and entities, who have a financial interest in or signature authority over one or more foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year must file the RFC dollars form.
RFC dollars form can be filled out online through the FinCEN BSA E-Filing System. The form requires personal information, account details, and the highest value of each account during the year.
The purpose of RFC dollars form is to collect information about foreign financial accounts to ensure compliance with tax and financial laws and to combat money laundering, tax evasion, and other financial crimes.
The RFC dollars form requires reporting of personal information, such as name, address, and Social Security number, as well as specific details about each foreign financial account, including the account number, financial institution's name and address, and the maximum account value during the year.
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