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Ok for the FBAR they require the highest quarterly statement for each year. How do you disclose the highest quarter amount for the year for Term GICs?
In this account I have 3 GIC's which are all due at different times. I have contacted my bank trying to figure out the totals, but since they are 3 year terms that keep getting renewed, I am at a loss as to how to discloses this in the FBAR and 8891 forms for the past several years.