Re: Legality and Withdrawl
The reporting of foreign accounts does not apply to every conceivable account, just "financial accounts." Does that include poker site accounts? A poker site is hardly a "financial" entity. But who knows how far the IRS will take their interpretations, though they have yet to state explicitly that money in offshore gaming company accounts are foreign financial accounts.
D$D is right about the rule applying when the sum of all your "financial" accounts is over 10K. So if you had, say, 5k in Neteller and 6K in the Bank of Costa Rica, you most likely have to file this form.
Skallagrim
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