Hello, the landlord, this will not deduct your money at will. The FATCA statement is a financial measure taken by the US government to prevent Americans from evading taxes. After completing this statement, if an American company or American customer has financial transactions with you in offshore account, HSBC will feed back the information of the American customer to the US government. That's what it means, nothing else. Another option is definitely to take the initiative as a non-financial foreign entity.