Instantly Prepare Your FBAR. Upload, Review & Submit
Upload account statements, review, and submit directly to FinCEN without typing and hunting for maximum balances
Trusted by Tax Professionals and Expats
Trusted by Tax Professionals and Expats
“It reduces a lot of time for us to file the FBAR. Revolutionary software that I really love.”
Three Simple Steps to Your FBAR
Our advanced technology makes FBAR (FinCEN Form 114) preparation faster and more accurate than ever before.
Upload Your Bank Statements
Easily drag and drop your statements. Your data remains secure and private with bank-level encryption.
We Extract Everything
Our technology extracts account details, calculates and converts balances with the appropriate U.S. Treasury conversion rates.
Avoid that annoying form
File with one click. No typing. No copy-pasting. Not using the FinCEN PDF
See It in Action
Explore our quick video walkthrough to see how easily our platform streamlines FBAR preparation—from secure document upload to AI-powered data analysis—all in just minutes.
IRS Preparer Tax Identification (PTIN: P03269179)
Registered FinCEN BSA E-Filer (FI7571)
How Does Our Solution Compare?
We know you have options for FBAR preparation. Here's why thousands choose our automated platform for fast, accurate filing.
Feature
FastFBAR
Others
AI-Powered Automation
AI-Powered Automation
FastFBAR
Automatically extracts maximum balances, locates addresses, and fills in details—no typing required
Others
Manual calculations, high potential for error, time-consuming
Automatically extracts maximum balances, locates addresses, and fills in details—no typing required
Manual calculations, high potential for error, time-consuming
Personalized checklist
Personalized checklist
FastFBAR
Tailors filing requirements based on your country and unique circumstances
Others
One-size-fits-all approach with limited support for international rules
Tailors filing requirements based on your country and unique circumstances
One-size-fits-all approach with limited support for international rules
Time Savings
Time Savings
FastFBAR
Simply drop in your account statements; AI handles the rest in minutes
Others
Longer, manual input steps that can be prone to errors and missed deadlines
Simply drop in your account statements; AI handles the rest in minutes
Longer, manual input steps that can be prone to errors and missed deadlines
FBAR E-Filing
Registered FinCEN BSA E-Filer (FI7571)
FBAR E-Filing
Registered FinCEN BSA E-Filer (FI7571)
FastFBAR
Fully integrated e-filing so you can submit directly from our platform
Others
No built-in filing process or requires switching to a third-party service
Fully integrated e-filing so you can submit directly from our platform
No built-in filing process or requires switching to a third-party service
Why FBAR Filing Matters
If you have foreign bank or financial accounts exceeding $10,000 in aggregate value at any point during the year, you must report them. Failing to file can result in severe penalties.
Civil Penalties
Non-Willful Violations
Up to $10,000 per violation, even for accidental oversights
Willful Violations
The greater of $100,000 or 50% of the account balance per violation
Criminal Penalties
Monetary Fines
Up to $250,000 in fines (potentially higher if combined with other charges)
Imprisonment
Up to 5 years imprisonment (or more if tied to additional offenses)
Do you need to file an FBAR?
If all three apply to you, you are required to file
FBAR Filing Criteria
Are you a U.S. person?
U.S. citizens, residents, and certain entities (trusts, estates, and domestic entities) may be required to file.
Do you have foreign financial accounts?
Bank accounts, securities accounts, or other financial accounts held at foreign financial institutions.
Did the aggregate value exceed $10,000?
If the combined value of all your foreign financial accounts exceeded $10,000 at any time during the calendar year, you must file.
Not sure? Use our personalized assistant to find out.
Check with our FBAR AssistantPricing That's Simple & Affordable
One straightforward price for automated FBAR filing assistance.
FastFBAR: Your Easiest Path to Compliance
Automated Analysis
Automatic extraction of maximum balances and account details
Multiple Account Support
No limit on the number of accounts or statements
Bank-Level Security
Enterprise-grade encryption and data protection
Personalized Guidance
Step-by-step, personalized FBAR filing assistance
IRS Preparer Tax Identification (PTIN: P03269179)
Registered FinCEN BSA E-Filer (FI7571)
If you're not completely satisfied, we'll refund your money—no questions asked.
Save hundreds compared to traditional CPA services or Tax Advisors. Our technology makes FBAR filing fast, accurate, and affordable.
Who We Are
About Us
Julio Magoga
Director & Co-founder
With a strong background in technology and building finance products, Julio founded fbar.ai to address the complex FBAR filing challenges faced by Americans with foreign accounts and financial reporting obligations.
He was a Founder in Residence at Entrepreneur First, a startup incubator backed by Reid Hoffman (LinkedIn), Patrick Collison (Stripe) and Demis Hassabis (Google Deepmind). Previously at Birdie, he developed finance systems and critical healthcare applications.
Julio is a winner of a Award from Emergent Ventures, recognizing exceptional entrepreneurs with transformative ideas.
“A bet on talented individuals with unique ideas for changing the world, visionaries, and pioneers such as Mr. Magoga.”
Ready to Take the Stress Out of FBAR Filing?
Join thousands who've simplified their FBAR filing process with FastFBAR. Start filing with confidence today.
IRS Preparer Tax Identification (PTIN: P03269179)
Registered FinCEN BSA E-Filer (FI7571)
Disclaimer: This platform provides general information and automated assistance. It should not be considered formal tax or legal advice. For specific questions, please consult a qualified tax professional.