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June 6, 2019
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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?

  • June 6, 2019
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Best answer by DoninGA

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.

1 reply

DoninGA
DoninGAAnswer
Employee
June 6, 2019

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.

Mari969Author
June 6, 2019
Thanks very much.