PUBLIC SUBMISSION

As of: 1/14/21 1:43 PM
Received: January 14, 2021
Status: Non_Public
Tracking No. kjx-73xc-qm5q
Comments Due: January 15, 2021
Submission Type: Web

Docket: FINCEN-2020-0013
Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of Reports of Foreign Financial Accounts Regulations and FinCEN Report 114, Report of Foreign Bank And Financial Accounts

Comment On: FINCEN-2020-0013-0001
Agency Information Collection Activities; Proposals, Submissions, and Approvals: Renewal Without Change of Reports of Foreign Financial Accounts Regulations and FinCEN Report 114, Report of Foreign Bank and Financial Accounts

Document: FINCEN-2020-0013-DRAFT-0022
Comment on FR Doc # 2020-25216


Submitter Information

Name: CHAD WEIDNER
Address:

Assenede,  Belgium, 

Email: chadweidner@hotmail.com

General Comment

I’m an American citizen living abroad and work in another country than where I live. You cannot imagine the bureaucratic hassle and expense of having to file this form every year. I spend six months a year chasing paperwork. I get threatening letters from my banks telling me that I have to give them my social security number. They follow up by telling me that because they suspect I am a US subject that they will send the IRS my information, even though I file correctly every year. Moreover, I am subject to discrimination as no bank will allow me to open new bank accounts since they do not want the hassle of dealing with American citizens. All of this to demonstrate that I have all of $5,000 in my bank account? Why? Please consider canceling this incredibly burdensome and painful requirement. Most Americans abroad are not millionaires and those who are know how to play the system. The current policies are expensive and make me a second class citizen everywhere.