A BE-180 survey is required of each U.S. financial services provider that had transactions with foreign persons in the covered services during its 2019 fiscal year. Any U.S. financial service prover that did not have transactions in the covered services required to complete through page 7, if notified by BEA about this survey.
Any U.S. financial services provider whose combined sales to foreign persons of covered services exceeded $3 million for its 2019 fiscal year, or whose combined purchases from foreign persons of covered services exceeded $3 million for its 2019 fiscal year, on an accrual basis is required to provide data on total sales and/or total purchases of each of the covered types of services transactions and must disaggregate the totals by country and by relationship to the foreign transactor (foreign affiliate, foreign parent group, or unaffiliated).
Any U.S. financial services provider whose combined sales to foreign persons of covered services were $3 million or less for its 2019 fiscal year, or whose combined purchases from foreign persons of covered services were $3 million or less for its 2019 fiscal year, is required to provide the total sales and/or total purchases for each type of transaction in which they engaged.
For the full definition of a financial services provider, see part B.1. of the General Instructions on page 19 of the survey.