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EDB(CD/SEN)/ADM/150/1/10(10) 2/2015 / 201517 2015/16 201517 () 2
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4 wb is a form used to report foreign bank and financial accounts.
Any US person with 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
Form 4 wb can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of 4 wb is to combat money laundering and other financial crimes by requiring the reporting of foreign financial accounts.
The form requires information such as the account holder's name, address, account number, and maximum value of the account during the calendar year.
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