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NATIONAL BANK OF THE REPUBLIC OF MACEDONIA Pursuant to Article 64 item 22 of the Law on the National Bank of the Republic of Macedonia (Official Gazette of RM no. 3/2002, 51/2003, 85/2003, 40/2004,
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What is d e c i?
d e c i stands for Report of Foreign Bank and Financial Accounts (FBAR), which is a form used to report foreign financial accounts to the US government.
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US persons including citizens, residents, and entities that have a financial interest in or signature authority over foreign financial accounts totaling more than $10,000 at any time during the calendar year are required to file FBAR.
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FBAR can be filed electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
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The purpose of FBAR is to combat tax evasion by ensuring that US persons report their foreign financial accounts.
What information must be reported on d e c i?
FBAR requires reporting the maximum value of each foreign account during the calendar year, the account number, name on the account, type of account, and the financial institution's name and address.
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