Common use of Entity Accounts Not Required to Be Reviewed, Identified or Reported Clause in Contracts

Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Swiss Financial Institution elects otherwise, Preexisting Entity Accounts with account balances that do not exceed $250,000 as of December 31, 2013, are not required to be reviewed, identified, or reported as U.S. Accounts until the account balance exceeds $1,000,000.

Appears in 2 contracts

Samples: www.news.admin.ch, www.fedlex.admin.ch

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Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Swiss Financial Institution elects otherwise, Preexisting Entity Accounts with account balances that do not exceed $250,000 as of December 31, 2013, are not required re- quired to be reviewed, identified, or reported as U.S. Accounts until the account balance exceeds $1,000,000.

Appears in 1 contract

Samples: www.treasury.gov

Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Swiss Financial Institution elects otherwise, either with respect to all Preexisting Entity Accounts or, separately, with respect to any clearly identified group of such accounts, Preexisting Entity Accounts with account balances that do not exceed $250,000 as of December 31June 30, 2013201426, are not required to be reviewed, identified, or reported as U.S. Accounts until the account balance exceeds $1,000,000.

Appears in 1 contract

Samples: www.sif.admin.ch

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Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Swiss Financial Institution elects otherwise, Preexisting Entity Accounts with account balances that do not exceed $250,000 as of December 31June 30, 20132014, are not required to be reviewed, identified, or reported as U.S. Accounts until the account balance exceeds $1,000,000.

Appears in 1 contract

Samples: www.newsd.admin.ch

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