If you are referring to the question about FinCen Form 114, this would be a no answer. FinCEN 114 and FBAR is same thing. FinCEN 114 is the name of the REPORT that the Dept of Treasury uses to report Foreign Bank and Financial Accounts (FBAR) with a financial interest in, or signature or other authority over, one or more foreign financial accounts with an aggregate value greater than $10,000 at any time during a calendar year.
You are not required to file 8938 if your account balances below $10K. The reporting thresholds are much higher than the FBAR reporting requirements.
@shaleensomani
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