2025-03098NoticeWallet

EXIM Updates Form for Tracking Local Loan Costs

Published Date: 2/26/2025

Notice

Summary

The Export-Import Bank (EXIM) is updating a form that helps borrowers show exactly what local costs they’re paying for when using EXIM’s Credit Guarantee Facility. This change makes it easier for lenders to check and approve financing requests quickly and correctly. If you’re an EXIM borrower, you’ll want to review and comment by March 28, 2025, to help shape this smoother process.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Updated EXIM Local-Cost Disbursement Form

EXIM updated Form EIB 18-03 (Itemized Statement of Payments—Local Costs, OMB No. 3048-0055) that EXIM borrowers must complete when requesting disbursements for local-cost goods and services under the Credit Guarantee Facility. EXIM estimates 12 respondents annually, 30 minutes per respondent (6 total annual burden hours), and invites comments on the proposed collection by March 28, 2025.

Personalized for You

How does this regulation affect your finances?

Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Key Dates

Published Date
2/26/2025

Department and Agencies

Department
Independent Agency
Agency
Export-Import Bank
Source: View HTML

Related Federal Register Documents

Previous / Next Documents

Back to Federal Register