Ex-Im Bank Seeks Comment on Information Collection Forms
The Export Import Bank of the U.S. seeks comment on proposed information collection forms, as required by the Paperwork Reduction Act of 1995.
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Form EIB 12-01 Medium-Term Master Guarantee Agreement Disbursement Approval Request. Ex-Im Bank has developed an electronic disbursement approval processing system for guaranteed lenders with transactions documented under Medium-Term Master Guarantee Agreements. Once an export transaction has been authorized by the bank and legal documentation has been completed, the lender will obtain and review the required disbursement documents, such as invoices, bills of lading and exporters' certificates, and disburse the loan proceeds for eligible goods and services. In order to obtain approval of the disbursement, the lender accesses and completes an electronic questionnaire through the bank's automatic application system (ExIm Online). The bank's action (approved or declined) will be posted on the lender's history page. The information collected assists in determining that each disbursement under a Medium-Term Guarantee meets all terms and conditions for approval. (http://xrl.us/bogidr)
The application can be viewed at www.exim.gov/pub/pending/eib12-01
Comments are due April 14 to WWW.REGULATIONS.GOV.
Form EIB 12-02 Credit Guarantee Facility Disbursement Approval Request (http://xrl.us/bogidt.)
This form will enable the bank to identify the specific details of an export transaction, which are necessary for determining the eligibility of disbursements for approval (see above).
This application can be viewed at www.exim.gov/pub/pending/EIB12-02
Comments are due April 14 to WWW.REGULATIONS.GOV.