charlie_45
Registered User
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- 9
I noticed recently on the Form 11 that there is a section to declare foreign bank accounts:
Foreign Bank Accounts (S.895)
Give the following details for each foreign bank account opened in 2019 of which you or your spouse/civil partner were the beneficial owner of the deposits held
I (like many people) have a Revolut and Transferwise account with deposits sitting in them, and both accounts have addresses outside Ireland. Does anyone have experience in this area and know if I need to declare these? And if so, does that mean anyone who opens one of these accounts needs to file a Form11 to declare a foreign bank account? I've had both accounts open for a few years, I don't receive any interest on them, and have never declared them to Revenue. I haven't heard anything about needing to inform Revenue of these type of accounts before, and a quick google search hasn't yielded much information, so any advice would be appreciated.
It's a foreign bank account with an IBAN number. You'll never guess what the B and A stand for. ? .I think TFW said to me at one point that it wasn't really an account I had, despite the account number and details, sort of a subdivision of their bank account
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