FBAR Full Form - What is Full Form of FBAR?

FBAR is full form Foreign Bank Account Report

What is Foreign Bank Account Report?

Since foreign accounts are taxable, the IRS and U.S. Treasury have a very rigid process for declaring overseas assets. Any American citizen with foreign bank accounts totaling more than $10,000 in aggregate, or at any time during the calendar year, is required to report such accounts to the Treasury Department.