How is a GIC classified on the FinCen form?

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ChromiumDioxide
Posts: 36
Joined: Mon Apr 07, 2014 6:43 pm

How is a GIC classified on the FinCen form?

Post by ChromiumDioxide »

Just wondering if a GIC should be reported as being of type bank or type other on the Fincen form? (My GIC was with HSBC bank).
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nelsona
Posts: 18359
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

If the GIC isn't held in an investment account, then just pick bank
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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