A company has over 25 foreign accounts. What should they enter in Part ll of the FBAR?
If the filer holds a financial interest in more than 25 accounts, indicate the number of accounts in box 20. Do not complete any further items in Part II. Sign the form in box 36 and enter the date signed in box 37. Any person who lists more than 25 accounts in item 20 must provide all the information called for in Part II when requested by the Department of the Treasury.
