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Banks to block accounts in absence of self certification, necessary for FATCA compliance

Apr 12, 2017, at 08:40 pm

New Delhi, Apr 12 (IBNS): Bank accounts opened between July 1, 2014 and August 31, 2015 have to submit self-certification by April 30 this year or their accounts will be blocked until the certification is submitted, according to a statement by the Income Tax Department.