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New Member
posted Jun 6, 2019 9:54:10 AM

My bank (Santander) is a U.S. bank that is a subsidiary of a foreign bank. Would this U.S.-based bank be considered a foreign bank?

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Level 15
Jun 6, 2019 9:54:11 AM

This would be a US bank and located in the US for a direct deposit or a direct debit on a tax return.  Not a foreign bank.

2 Replies
Level 15
Jun 6, 2019 9:54:11 AM

This would be a US bank and located in the US for a direct deposit or a direct debit on a tax return.  Not a foreign bank.

New Member
Jun 6, 2019 9:54:13 AM

Thanks very much.