Federal Register / Vol. 78, No. 6 / Wednesday, January 9, 2013 / Notices 1859 

goods and services. By neutralizing the 

effect of export credit insurance and 

guarantees offered by foreign 

governments and by absorbing credit 

risks that the private sector will not 

accept, Ex-Im Bank enables U.S. 

exporters to compete fairly in foreign 

markets on the basis of price and 

product. This collection of information 

is used by exporters to convey legal 

rights to, and describe the duties and 

obligations that have to be met by their 

financial institution lender in order to 

share insurance policy proceeds from 

Ex-Im Bank approved insurance claims. 

The changes that were made to this 

agreement include language 

clarifications and changes to the 

descriptions of the rights and 

obligations of the parties to the 

agreement. The changes were made to 

provide clarity and specificity for 

exporters/lenders based on issues that 

have arisen through either exporter/ 

lender inquiries or interpretations made 

during processing of claims. The 

language of the existing agreement 

frequently results in improper 

documentation by our lender partners 

which increases claim processing times 

and causes significant resource burdens 

to Ex-Im Bank. The language in the 

existing agreement also creates the 

potential for fraud, resulting in losses to 

Ex-Im Bank. Recent changes to the ExIm Bank Charter (12 U.S.C. 635(i)(2)(i) 

and a–6(b)) mandate that Ex-Im Bank 

must develop practices to identify, 

prevent and monitor for potential fraud. 

Therefore changes to the agreement 

were required to comply with this 

mandate and protect the U.S. taxpayer 

from fraud related loss. In addition, the 

changes to this agreement protect Ex-Im 

Bank’s lender partners who are parties 

to the agreement, allowing us to 

maintain our relationships with our 

lender partners, and fulfill our agency 

mission to finance exports (through our 

lender partners) and create jobs. Due to 

the Ex-Im Bank Charter mandate to 

reduce fraud, the changes in the form 

need to be immediately disseminated to 

exporters/lenders so that they can 

change practices where needed, 

especially where documentation of 

export transactions is involved. 

This application can be viewed at 

www.exim.gov/pub/pending/EIB92- 

53.PDF 

DATES: Comments should be received on 

or before February 8, 2013 to be assured 

of consideration. 

ADDRESSES: Comments may be 

submitted through 

WWW.Regulations.Gov or mailed to 

Walter Kosciow, Export Import Bank of 

the United States, 811 Vermont Ave. 

NW., Washington, DC 20571. 

SUPPLEMENTARY INFORMATION: 

Titles and Form Number: EIB 92–53 

Small Business Multi-Buyer Export 

Credit Insurance Policy Enhanced 

Assignment of Policy Proceeds. 

OMB Number: 3048–XXXX. 

Type of Review: New. 

Need and Use: The form represents 

the exporter’s directive to Ex-Im Bank to 

whom and where the insurance 

proceeds should be sent, and also 

describes the duties and obligations that 

have to be met by the financial 

institution in order to share in the 

policy proceeds. The form is typically 

part of the documentation required by 

financial institution lenders in order to 

provide financing of an exporter’s 

foreign accounts receivable. Foreign 

accounts receivable insured by Ex-Im 

Bank represent stronger collateral to 

secure the financing. By recording 

which policyholders have completed 

this form, Ex-Im Bank is able to 

determine how many of its exporter 

policyholders require Ex-Im Bank 

insurance policies to support lender 

financing. 

Affected Public: This form affects 

entities involved in the export of U.S. 

goods and services. 

Estimated Respondents per Year: 110. 

Frequency of Responses: Yearly. 

Estimated Hours per Response: 15 

minutes. 

Estimated Annual Burden Hours 27.5 

hours. 

Reviewing Time in Hours: 1 hours. 

Responses per year: 110. 

Review Time per Year: 110 hours. 

Average Wages per Hour: $32.50. 

Average Cost per Year: $3,575.00. 

Benefits and Overhead: 28%–$1000. 

Total Government Cost: $4,575.00. 

The annual cost to the Government 

would be $4,575.00. 

Sharon A. Whitt, 

Agency Clearance Officer. 

[FR Doc. 2013–00216 Filed 1–8–13; 8:45 am] 

BILLING CODE 6690–01–P 

EXPORT-IMPORT BANK 

[Public Notice 2013–0101] 

Agency Information Collection 

Activities: Comment Request 

AGENCY: Export-Import Bank of the 

United States. 

ACTION: Submission for OMB Review 

and Comments Request. 

Form Title: EIB 92–32 Notification by 

Insured of Amounts Payable Under 

Single-Buyer Export Credit Insurance 

Policy 

SUMMARY: The Export-Import Bank of 

the United States (Ex-Im Bank), as a part 

of its continuing effort to reduce 

paperwork and respondent burden, 

invites the general public and other 

Federal Agencies to comment on the 

proposed information collection, as 

required by the Paperwork Reduction 

Act of 1995. 

This form represents the exporter’s 

directive to Ex-Im Bank to whom and 

where the insurance proceeds should be 

sent. The forms are typically part of the 

documentation required by financial 

institution lenders in order to provide 

financing of an exporter’s foreign 

accounts receivable. Foreign accounts 

receivable insured by Ex-Im Bank 

represent stronger collateral to secure 

the financing. By recording which 

policyholders have completed this form, 

Ex-Im Bank is able to determine how 

many of its exporter policyholders 

require Ex-Im Bank insurance policies 

to support lender financing. 

The application can be reviewed at: 

www.exim.gov/pub/pending/eib92- 

32.pdf Single Buyer Export Credit 

Insurance Policy. 

DATES: Comments should be received on 

or before March 11, 2013 to be assured 

of consideration. 

ADDRESSES: Comments maybe submitted 

electronically on www.regulations.gov 

or by mail to Arnold Chow, ExportImport Bank of the United States, 811 

Vermont Ave. NW., Washington, DC 

20571. 

SUPPLEMENTARY INFORMATION: 

Titles and Form Number: EIB 92–32 

Single Buyer Export Credit Insurance 

Policy. 

OMB Number: 3048–XXXX. 

Type of Review: New. 

Need and Use: The information 

requested enables the applicant to 

provide Ex-Im Bank with the 

information necessary to obtain 

legislatively required assurance of 

repayment and fulfills other statutory 

requirements. 

Annual Number of Respondents: 150. 

Estimated Time per Respondent: 1 

hour. 

Frequency of Reporting or Use: 

Annually. 

Government Review Time: 1 hour. 

Total Hours: 150 hours. 

Cost to the Government: $16,320. 

Sharon A. Whitt, 

Agency Clearance Officer. 

[FR Doc. 2013–00218 Filed 1–8–13; 8:45 am] 

BILLING CODE 6690–01–P 


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