Notice of Claim and Proof of
Loss Medium-Term Insurance
New
collection (Request for a new OMB Control Number)
No
Regular
09/19/2024
Requested
Previously Approved
36 Months From Approved
25
0
25
0
0
0
Pursuant to the Export-Import Bank Act
of 1945, as amended (12 USC 635, et seq.), the Export-Import Bank
of the United States (EXIM), facilitates the finance of the export
of U.S. goods and services by providing insurance or guarantees to
U.S. exporters or lenders financing U.S. exports. By neutralizing
the effect of export credit insurance or guarantees offered by
foreign governments and by absorbing credit risks that the private
sector will not accept, EXIM enables U.S. exporters to compete
fairly in foreign markets on the basis of price and product. In the
event that a borrower defaults on a transaction insured or
guaranteed by EXIM, the insured or guaranteed exporter or lender
may seek payment from EXIM by the submission of a claim. This
collection of information is necessary, pursuant to 12 USC 635
(a)(1), to determine if such claim complies with the terms and
conditions of the relevant insurance policy or guarantee, as the
case may be.
US Code:
12
USC 635 Name of Law: Export-Import Bank Act of 1945, as
amended
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.