You need to file your FATCA compliance to banks by April 30 to avoid an account freeze

Have you got your account FATCA (foreign account tax compliance act) compliant? If you haven’t then Monday could be a problem for you. Mutual fund investors, bank account holders and those who have invested in insurance schemes cannot operate their accounts, which were opened between July 1, 2014 and August 31, 2015, from May 1 if they are

FULL ARTICLE http://economictimes.indiatimes.com/news/economy/policy/you-need-to-file-your-fatca-compliance-to-banks-by-april-30-to-avoid-an-account-freeze/articleshow/58429283.cms

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