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Information Collections on Ex-Im Exporter’s Certificates

Monday, October 12, 2015
Sandler, Travis & Rosenberg Trade Report

The Export-Import Bank of the United States is requesting the submission no later than Nov. 12 of comments on the exporter’s certificate for use with a short term export credit insurance and the exporter’s certificate for loan guarantee & MT insurance programs.

Exporter’s Certificate for Use with Short Term Export Credit Insurance. Ex-Im Bank’s financial institution policy holders provide this form to U.S. exporters, who certify to the eligibility of their exports for Ex-Im Bank support. The completed forms are held by the financial institution policy holders, only to be submitted to Ex-Im Bank in the event of a claim filing. A requirement of Ex-Im Bank’s policies is that the insured financial institution policy holder obtains a completed exporter’s certificate at the time it provides financing for an export, which enables the Bank to identify the specific details of the export transaction.

Exporter’s Certificate for Loan Guarantee & MT Insurance Programs. Ex-Im Bank’s borrowers, financial institution policy holders and guaranteed lenders provide this form to U.S. exporters, who certify to the eligibility of their exports for Ex-Im Bank support. For direct loans and loan guarantees, the completed form is required to be submitted at the time of disbursement and held by either the guaranteed lender or Ex-Im Bank. For MT insurance, the completed forms are held by the financial institution, only to be submitted to Ex-Im Bank in the event of a claim filing. Ex-Im Bank uses the referenced form to obtain exporter certifications regarding the export transaction, content sourcing, and their eligibility to participate in U.S. government programs.

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