The state-owned Bank of China just opened the first U.S.-branch savings account denominated in Chinese yuan.
FORBES: Gold Shorts Beware China's Million-Strong Gold Savers
This rule goes back to the old days when accounts were kept by hand, and moneys for each depositor were actually held (at least on paper) in the branch where their account was kept.
To be reportable, the foreign financial account must be physically located outside of the U.S. For example, a financial account maintained in a foreign branch of a U.S. bank is treated as a foreign financial account subject to reporting.
FORBES: IRS Issues Final FBAR Regulations and Revised FBAR Form
Conversely, an account maintained in a U.S. branch of a foreign bank is not a foreign financial account subject to reporting.
FORBES: IRS Issues Final FBAR Regulations and Revised FBAR Form
Additionally, Renn was to approve service requests for account updates, branch deposits and withdrawal, and escalated issues with clients and compliance for client accounts.
FORBES: Re-Sales Of Wells Fargo Ink Cartridges Jams Up Manager's Career
Appeal collection points have been set up and a bank account opened at the Llanelli branch of HSBC.
So Johannesburg-based Standard Bank offers AccessAccount, which features benefits of a traditional banking account without having to visit a branch.
FORBES: To Boldly Bank Where No One Has Banked Before -- With Mobile
Nor need an account maintained at the New York branch of the Bank of India by a U.S. citizen or resident be reported under either act.
FORBES: Tax Reporting of Foreign Financial Assets: A Tale of Two Acts
But must you file an FBAR even if the only foreign account you have is at a foreign branch of a U.S. bank?
Still, just about any high-yield savings account is better than the typical savings account you might find at your local bank branch.
The Social Security Agency is advising benefit customers who are experiencing problems with their Ulster Bank account to go directly to their local bank branch where funds should be available to them, subject to a limit.
Mr Saib then paid the cheque into his own account at National Westminster Bank's Cromwell Road branch.
They instead suggested she go to her local branch, where they could offer her a printout of his account information.
FORBES: Power of Attorney Does Not Grant Access to Online Banking, Says Bank of America
Boka was subsequently apprehended at a Bank of America branch in Kennesaw, GA, when she attempted to open an account with a bogus Hungarian passport.
FORBES: Hungarian Bonnie And Clyde Without Guns Hit Bank Of America And eBay
For the first time, the country adopted a thoroughgoing centralization of administration, nominally culminating in President Johnson as head of the executive branch, but in fact handing vast and hard-to-account for power to myriad experts running myriad programs in the new agencies.
FORBES: Barack Obama's Election And The Looming Crisis Of Liberalism
In fact, Chen Zhengli, Secretary General of the Mining Machinery Branch of the Construction Machinery Industry Association, predicts that the local companies will account for 50% of the excavator market in China within five years.
FORBES: The Battle For China's Construction-Machinery Market
The justice secretary said he had been forced to move his bank account after becoming chancellor in 1993 - after discovering journalists had been trying to bribe staff at his village branch for personal information.
BBC: Leveson: Cable talks of 'veiled threats' against Lib Dems
应用推荐