FBAR for Americans with Commonwealth Bank Accounts
Commonwealth Bank (CBA) is Australia's largest bank. Americans with CBA accounts held outside the US must report them on FBAR if the aggregate value of all foreign financial accounts exceeds $10,000 at any point during the calendar year.
Which CBA Accounts Are Reportable
All CBA accounts held outside the US: transaction accounts, savings accounts, investment accounts, superannuation accounts, and joint accounts.
How to Get Your CBA Statements
CBA provides statements through online banking (NetBank). Log in, navigate to "Accounts" → "Statements," and download PDFs. For superannuation, check the CBA super platform.
Currency Conversion
CBA accounts are denominated in AUD. Convert all balances to USD using the Treasury Department's year-end exchange rate.
Common Mistakes
- Forgetting superannuation — CBA super accounts are reportable on FBAR.
- Not aggregating — combine with all other foreign accounts.
- Using wrong exchange rate — Treasury year-end rate.
FBAR Deadline & Filing Process
Due April 15, automatic extension to October 15. Filed electronically through FinCEN's BSA E-Filing System.
How FileAbroad Can Help
FileAbroad prepares FBAR filings for Americans with foreign accounts, including complex Australian superannuation reporting.
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FileAbroad explains U.S. federal tax and U.S. international information-reporting consequences of documented foreign facts. It does not provide foreign-country legal or tax representation, valuation opinions, banking or remittance advice, or advice on what a foreign authority will accept.
Scope statement reviewed 2026-08-30 · FileAbroad product/content owner