[Federal Register Volume 77, Number 241 (Friday, December 14, 2012)]
[Notices]
[Pages 74481-74482]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-30179]


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EXPORT-IMPORT BANK

[Public Notice 2012-0547]


Agency Information Collection Activities: Final Collection; 
Comment Request

AGENCY: Export-Import Bank of the U.S.

ACTION: Submission for OMB review and comments request.

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    Form Title: EIB 99-17 Enhanced Assignment of Policy Proceeds.

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.
    The form represents the exporter's directive to Ex-Im Bank to whom 
and

[[Page 74482]]

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.
    The form can be viewed at www.exim.gov/pub/pending/eib99-17.pdf.

DATES: Comments should be received on or before February 12, 2013 to be 
assured of consideration.

ADDRESSES: Comments maybe submitted electronically on 
www.regulations.gov or by mail to Arnold Chow, Export Import Bank of 
the United States, 811 Vermont Ave. NW., Washington, DC 20571.

SUPPLEMENTARY INFORMATION:
    Titles and Form Number: EIB 99-17 Enhanced Assignment of Policy 
Proceeds.
    OMB Number: 3048-xxxx.
    Type of Review: New.
    Need and Use: 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. 
Affected Public: This form affects entities involved in the export of 
U.S goods and services.
    Annual Number of Respondents: 15.
    Estimated Time per Respondent: 15 minutes.
    Number of forms reviewed by Ex-Im Bank: 15.
    Government Annual Burden Hours: 15 hours.
    Government Cost: $620.
    Frequency of Reporting or Use: Annually.

Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2012-30179 Filed 12-13-12; 8:45 am]
BILLING CODE 6690-01-P