Quarterly Survey of Cross-Border Credit, Debit, and Charge Card Transactions (BE-150)

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form BE-150 Quarterly Survey of Cross-Border Credit, Debit, and Charge Card Transactions (BE-150)	Form and Instruction	New	Available
Credit Card support sttmt section B v3.doc	Supporting Statement B	Uploaded 2008-12-08	Available
credit card supporting statement.doc	Supporting Statement A	Uploaded 2008-12-08	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
187444	Quarterly Survey of Cross-Border Credit, Debit, and Charge Card Transactions (BE-150)	Form and Instruction	New

ICR Details

OMB Control No: 0608-0072	ICR Reference No: 200812-0608-001
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: DOC/EASA	Agency Tracking No:
Title: Quarterly Survey of Cross-Border Credit, Debit, and Charge Card Transactions (BE-150)
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 03/05/2009
	Date Received in OIRA: 12/09/2008
Terms of Clearance: Prior to the commencement of the Quarterly Survey of Cross-Border Credit, Debit, and Charge Card Transactions (BE-150)form mailings, the Bureau of Economic Analysis (BEA) shall provide on its Internet site prominent links to a complete set of finalized survey forms, including instructions and cover letters.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2012	36 Months From Approved
Responses	16	0	0
Time Burden (Hours)	256	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: This action would amend 15 CFR Part 801 to provide for the conduct of a new quarterly survey to collect data on purchases and cash advances or withdrawals made by U.S. cardholders while traveling abroad and by foreign cardholders while traveling in the United States

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Authorizing Statute(s): PL: Pub.L. 94 - 472 3101-3108 Name of Law: International Investment and Trade in Services Survey Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA67	Proposed rulemaking	73 FR 54095	09/18/2008

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Quarterly Survey of Cross-Border Credit, Debit, and Charge Card Transactions (BE-150)	BE-150	Quarterly Survey of Credit, Debit, and Charge Card Transactions

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ICR Summary of Burden

table that charts list of burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	16	0	0	16	0	0
Annual Time Burden (Hours)	256	0	0	256	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The proposed new information collection is necessary for improving the quality of the travel component of the international transactions accounts. The quality of the current statistics on international travel is limited by their reliance on traveler recall or, for U.S. travelers abroad, of forecasts of what the travelers expect to spend abroad. This survey will improve the quality of these important estimates by using data on credit, debit, and charge card transactions to form the core of the travel estimates. Because these data would be based on business records and would account for a large portion of travel expenditures, their use would greatly improve the accuracy of the travel estimates. This is a new survey, so the burden hours represent an increase.

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Annual Cost to Federal Government: $140,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/09/2008

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