Hi
Thanks for the explanation above. I have two quick questions.
1. The example above mentions the bank account and credit card from the same organisation. If I have credit card account from company A and bank account from company B. I use the bank account to payback the credit card from company A. Based on my understanding, we only need to report the bank account from B and do not need to report the credit card account from A or anything about A to Fbar.
2. I assume we do not need to report the credit card account A in both Fbar and form 8938.
Please correct me if my understanding is wrong. Thanks.
