The FBAR is a form on which U.S. persons are required to disclose information regarding foreign financial accounts including, for instance, a bank account, brokerage account, mutual fund, trust, pension account, or another type of foreign financial account.The FBAR is not a tax form and it is not filed with the IRS. Instead, it is an informational report that is submitted online with the Treasury Department.United States persons are required to file the FBAR Report if:the United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; andthe aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year reported.United States person includes U.S. citizens; U.S. residents; entities, including but not limited to, corporations, partnerships, or limited liability companies, created or organized in the United States or under the laws of the United States; and trusts or estates formed under the laws of the United States.If you have more questions, youu2019re welcome to read more about the FBAR form here:FBAR - Foreign Bank and Financial Accounts | ExpatTax