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

ICR 200812-3048-001

OMB: 3048-0016

Federal Form Document

ICR Details
3048-0016 200812-3048-001
Historical Active 200603-3048-002
EXIMBANK
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
Approved without change 07/02/2009
Retrieve Notice of Action (NOA) 04/30/2009
  Inventory as of this Action Requested Previously Approved
07/31/2012 36 Months From Approved 07/31/2009
371 0 720
124 0 240
0 0 0

Information requested enables the applicant to provide Ex-Im Bank with the information necessary to process credit risk applications involving foreign letter of credit issuing banks.

US Code: 12 USC 635 Name of Law: Export-Import Bank Act
  
None

Not associated with rulemaking

  74 FR 38 02/27/2009
74 FR 82 04/30/2009
No

  Total Approved 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 371 720 0 0 -349 0
Annual Time Burden (Hours) 124 240 0 0 -116 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
In good economic times the need for this coverage diminishes. We are using an average of the actual count of forms received for calendar years 2006, 2007 and 2008. We received 333 in 2006, 360 in 2007, and 419 in 2008 the average is 371. The reduction in the number of forms received has reduced the burden.

$25,970
No
No
Uncollected
Uncollected
No
Uncollected
Sharon Whitt 202 565-3325 Sharon.Whitt@exim.gov

  No

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.
04/30/2009


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