2025-03102NoticeWallet

EXIM Seeks Input on U.S. Costs Payment Form Update

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 under its Credit Guarantee Facility. This affects about 12 borrowers who must submit detailed payment info to get their financing approved. Comments on this update are open until March 28, 2025, aiming to keep paperwork simple and clear without changing costs or deadlines.

Analyzed Economic Effects

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

EXIM borrowers must file EIB 18-02

If your company borrows under the Export-Import Bank Credit Guarantee Facility, you must complete and submit the EIB 18-02 Itemized Statement of Payments when requesting disbursement for U.S. goods and services. EXIM says about 12 borrowers submit this form annually, it takes about 30 minutes per respondent (6 hours total per year), and the agency is seeking public comments by March 28, 2025. The form is used to summarize disbursement documents and calculate the requested financing amount so lenders can check compliance.

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Key Dates

Published Date
2/26/2025

Department and Agencies

Department
Independent Agency
Agency
Export-Import Bank
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