Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
FinCEN Offers FBAR E-filing Technical Overview
VIENNA, Va. (9/11/13)--The Financial Crimes Enforcement Network (FinCEN) is offering a webinar on Thursday Sept. 19 to discuss technical specifications related to the electronic filing of the Report of Foreign Bank and Financial Accounts (FBAR).

FBAR forms are filed annually and are used to report a financial interest in, or signature or other authority over, bank accounts, securities, or other types of financial accounts in foreign countries. FBARs must be filed for accounts that hold over $10,000 in funds at any time during the year.

FinCEN launched a computer-based e-filing system for FBARs in July 2011 to provide a quicker, cheaper, more secure, and more reliable way for individuals to file the reports. Last year,  a high volume of FBAR e-filing created user issues with the e-filing system and e-filing telephone help desk, with both experiencing extremely high volume that resulted in some intermittent delays in submissions.

The 3 p.m. (ET) webinar Sept. 19 will provide participants with an overview of recent FBAR e-filing technical enhancements and other features of the electronic FBAR.  Also, FinCEN representatives will be available to answer technical questions about e-filing and batch filing after the presentation.

This webinar primarily is intended for software development professionals and third party service providers, such as attorneys or accountants.
Other Resources

FinCEN Webinar Information
RSS print
News Now LiveWire
If you got a tax refund, put some aside, #VisionsFCU financial specialist tells @WBNGActionNews http://t.co/TuHsbeNdzb
4 hours ago
.@CUNA staff bring back "Pressing Issues" quarterly conference calls http://t.co/7XQMpcIqD1 #CUNAComply
6 hours ago
Wis. @GovScottWalker signs #creditunion regulatory relief act, @WICULeague announces http://t.co/ELcxB0Xm71
6 hours ago
.@ChartwayFCU making kids' wishes come true at Toby's Dream Foundation. See #NewsNow Thursday.
6 hours ago
Heartbleed security threat is no match for @CUNA IT team http://t.co/YUxETsfoWh
7 hours ago