How do African importers and financial institutions access this Program?
As the African importer/financial institution, you should contact your U.S. supplier or correspondent bank for information regarding eligibility and application requirements under the Program. What is the premium fee charged by Ex-Im Bank to the U.S. exporter/financial institution applying for coverage? Transactions under the Pilot Program will be priced using the single-buyer fees for the appropriate country. Detailed pricing information can be found on Ex-Im Bank’s website on the Exposure Fee Advice Tables. What information does Ex-Im Bank require for non-financial institution buyers/guarantors to determine creditworthiness? Because information requirements depend on the U.S. dollar size of the transaction, please refer to the Short-Term Credit Standards included on Ex-Im Bank’s website for detailed information. What information does Ex-Im Bank require for financial institution buyers/guarantors to determine creditworthiness? 1. Two current bank references dated no earlier than 30 da
