Export-Import Bank of the U.S. Application for Issuing Bank Credit Limit (IBCL) Under Bank Letter of Credit Policy

ICR 202111-3048-001

OMB: 3048-0016

Federal Form Document

ICR Details
3048-0016 202111-3048-001
Received in OIRA 201903-3048-001
Export-Import Bank of the U.S. Application for Issuing Bank Credit Limit (IBCL) Under Bank Letter of Credit Policy
Revision of a currently approved collection   No
Regular 11/22/2021
  Requested Previously Approved
36 Months From Approved 05/31/2022
600 600
720 720
0 0

This collection of information is to enable an insured exporter or lender (or broker acting on its behalf) to obtain approval for coverage of the repayment risk of an overseas bank. The information received allows EXIM Bank staff to make a determination of the creditworthiness of the foreign bank and the underlying export sale for EXIM Bank assistance under its programs. This form has been updated to include a new Certification and Notices section as well as a new statement explaining EXIM Bank's limitation on support for goods subject to trade measures or sanctions. EXIM is requesting the collection of information due to added Section 403 of the EXIM Charter.

US Code: 12 USC 635 Name of Law: Export-Import Bank Act

Not associated with rulemaking

  86 FR 45984 08/18/2021
86 FR 59714 10/28/2021

  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 600 600 0 0 0 0
Annual Time Burden (Hours) 720 720 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0

Bassam Doughman 202 565-3168 [email protected]


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.

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