FATCA is the US Treasury Department and IRS's way of making sure your Greek accounts are not being used to evade US taxes. Greek banks are being required to provide information on your Greek bank accounts to the IRS. The Greek bank will require information as to whether you are a US taxpayer or not. If you are you send the Greek bank Form W-9.
US Law requires US persons who have bank accounts in Greece to report those accounts to the US Government if over $10,000 by filing an FBAR form. Even if you are not the account owner, if your name is on this account, you must file these US Department of Treasury (Not IRS) forms or face penalties of $10,000 to $100,000 and/or prison.
Of course, it bears repeating that ALL US RESIDENTS and/or US CITIZENS MUST INCLUDE ALL GREEK INCOME ON THEIR US RETURN.
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