Spanish Banking Issue / Advice Needed

[chris]

A US citizen friend has money in a bank in Spain that he has not touched in years. The bank has sent him a letter informing him that the account has been frozen until he provides the following information. Could someone explain just what they are talking about. Here is what the bank has asked for:


PASAPORTE (LARGO O CORTO)
CERTIF. NEGATIVA RESIDENCIA EXPED. MINIS. INTERIOR
DOCUMENTO DE IDENTIFICACION PAIS DE ORIGEN
TARJ. IDENTIDAD EXP. MINISTERIO ASUNTOS EXTERIORES
DECLAR. DE NO RESIDENTE (DRF3)

 

[Girino]

Your friend should get in touch with the Spanish Embassy for the non-resident status.

For the rest, I don't know. It looks like something all Spanish banks are required to do.

 

[sleslie23]

Your friend has just met face to face with FACTA which requires all foreign banks to report information about US citizen's accounts to the IRS.