The form is used if the beneficiary of
the letter of credit, the recipient of a funding under a direct
buyer credit loan, or the recipient of payment under a
reimbursement loan or a payment under a supplier credit is not the
exporter. If the need to use this form arises, the insured holds it
in the event of a claim, at which time it would submit it to Ex-Im
Bank along with all other claim documentation. The form provides
Ex-Im Bank staff with the information necessary to make a
determination of the eligibility of the claimed export transaction
for coverage.
This form was previously in
collection 3048-0009, but we would like to have it stand alone. The
estimate of the number of respondents has not changed. The burden
has increased from 1-1/2 hours to 2 hours, as we have added
additional requirements: #5. . #6. . #7.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.