The Export-Import Bank of the United States (EXIM) is seeking public comments on its proposed information collection for a form called EIB 10-02, which is used by small U.S. businesses to apply for Short-Term Express Export Credit Insurance. This form helps EXIM assess the creditworthiness of foreign buyers to reduce risks in export sales. The public can submit comments until February 24, 2025, via WWW.REGULATIONS.GOV, email, or mail. The goal is to ensure the process is efficient and minimizes paperwork while supporting exporters.
Simple Explanation
EXIM, a bank that helps U.S. businesses sell things to other countries, wants to know what people think about a form they use. This form helps them decide if a business is safe to sell to, and they promise to make the process quick and easy.