International Financial Transaction Attorney in Chicago
International financial transactions require legal expertise at the intersection of finance, international law, and multi-jurisdictional regulation. At Liberum Law, our international finance attorneys in Chicago advise on cross-border lending, trade finance, international capital markets, and foreign exchange compliance.
Our international financial transaction services include cross-border loan agreements and syndicated lending, international trade finance including letters of credit and guarantees, foreign exchange and currency risk management, anti-money laundering (AML) and sanctions compliance, OFAC compliance for international payments, international wire transfer compliance, multi-jurisdictional security interest perfection, and sovereign and quasi-sovereign financing.
Contact our international financial transaction attorneys at Liberum Law for a free consultation.
Frequently Asked Questions
What kinds of international financial transactions do you handle?
Cross-border loans and financing, international payment structures (LCs, escrows, performance bonds), foreign investment funds, cryptocurrency transactions, foreign account reporting, international wire transfer disputes, anti-money laundering (AML) compliance.
What is FBAR and do I need to file?
Report of Foreign Bank and Financial Accounts (FinCEN Form 114) — required if U.S. persons (citizens, residents, certain entities) have signatory authority over or financial interest in foreign accounts with aggregate value over $10,000 at any time during the year. Severe penalties for non-filing. Annual deadline April 15 (auto-extension to October 15).
What is FATCA?
Foreign Account Tax Compliance Act — requires U.S. taxpayers to report foreign financial assets (Form 8938) and requires foreign financial institutions to report on U.S. accountholders. Effectively creates global U.S. tax information reporting. Coordinate with FBAR (different thresholds and forms).
Do you handle cryptocurrency transactions?
Yes — crypto tax compliance (gains/losses, foreign exchanges), regulatory compliance (Money Transmission, SEC, CFTC), token offerings, smart contract review, and crypto-related disputes. Coordinate with U.S. and foreign counsel as appropriate.
How do international payments comply with U.S. law?
Multiple frameworks: OFAC sanctions (no transactions with prohibited parties/countries), AML/BSA (Banking Secrecy Act — reporting suspicious activity, KYC), 8300 reporting (cash over $10,000), FBAR/FATCA (foreign account reporting), 1099-NEC (payments to foreign contractors with U.S. nexus). We ensure compliance across applicable regimes.
