PCs are not available for credit guarantee facilities. A PC processing fee must be paid by each applicant even when more than one U.S. exporter is competing for the same export sale. When all the U.S. exporters competing for the same transaction lose the export sale, Ex-Im Bank will rebate the difference between the PC fees collected and the average PC processing fee paid. In effect, Ex-Im Bank will have retained only one PC processing fee when more than one U.S. exporter is competing for the same export sale. See rebate examples below.
All exporters lose .
All exporters lose .