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Winter set Municipal Airport PA V E M E N T M A N A G E M E N T R E P O R TP R E PA R E D B Y Applied Pavement Technology, Inc. 115 West Main Street, Suite 400 Urbana, Illinois 61801 (217) 3983977
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f e d e stands for Foreign Bank Account Report (FBAR).
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file f e d e.
f e d e can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing system.
The purpose of f e d e is to report foreign financial accounts to the U.S. government to prevent money laundering and other financial crimes.
Various information such as account numbers, names on accounts, types of accounts, maximum value of accounts, and the financial institution's name and address must be reported on f e d e.
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