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Name:___Date:___BS FCS in Child and Family Studies: Family Studies Group (BIC) A Suggested Sequence of Required Courses (20182019 Catalog) Fall ___ ___ ___ ___ ___ ___ ___ Total: Fall r e s h m an
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BSFCS stands for Bank Secrecy Act Foreign Bank and Financial Accounts.
Any United States person who has a financial interest in or signatory authority over foreign financial accounts.
BSFCS can be filled out electronically through the Financial Crimes Enforcement Network's website or by submitting Form 114.
The purpose of BSFCS is to identify individuals who may be using foreign accounts to evade taxes or engage in other illegal financial activities.
BSFCS requires reporting of the maximum value of each foreign financial account during the reporting period.
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