2025-03099NoticeWallet

EXIM Refines Form for U.S. Costs in Long-Term Guarantees

Published Date: 2/26/2025

Notice

Summary

The Export-Import Bank (EXIM) is updating a form that helps track payments for U.S. goods and services in long-term loans and guarantees. Borrowers must fill out this form to get their financing approved, and EXIM wants your feedback by March 28, 2025. This change aims to make the process smoother and keep paperwork manageable for about 150 borrowers, each spending around 90 minutes on it.

Analyzed Economic Effects

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

Required EIB 18-04 Disbursement Form

If you are an EXIM borrower using certain long-term guarantees or direct loans, you must complete form EIB 18-04 when requesting a disbursement for U.S. goods and services. The form summarizes disbursement documents and is used to calculate the requested financing amount; EXIM estimates about 150 borrowers will each spend about 90 minutes (225 total hours) per year completing it.

Form Submission Via Electronic Portal

EXIM will require the completed EIB 18-04 form to be uploaded into an electronic disbursement portal. EXIM states this change is intended to reduce paperwork and make the disbursement process smoother for borrowers.

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