FATCA (Foreign Account Tax Compliance Act) is a regulation that represents US legislation that was passed and adopted on March 18, 2010, and came into force on July 1, 2014.
FATCA is a regulation by which foreign financial institutions commit to the tax authorities of the United States (US IRS) to provide data on the accounts of US clients on the basis of indications of US status.
Privredna Bank Sarajevo d.d. Sarajevo recognized the importance of FATCA regulations and is currently in the process of harmonizing its functions with FATCA requirements. The Bank is registered with the US IRS with FATCA status of Participating Financial Institution and has got its Global Intermediary Identification Number (GIIN) number UBVM1D.99999.SL.070.
For any additional questions regarding FATCA please contact us at info@pbs.ba.