My question is if Wise accounts are FBAR reportable, and if so, how to report them. Here is a brief list of points that I think contribute to my conclusion:
Wise Japan is "Wise Payments Japan KK, which is registered as a Type 2 Funds Transfer Service Provider"
A Wise JPY account does not have...
My wife (Japanese National) and I reside in the U.S., I am a U.S. citizen and she a U.S. PR. She was aware her parents opened up a bank account for her in her childhood and never accessed it. She believed all the new year’s gifts she received - and any gift throughout her childhood, her mom kept...