Application for Payment Guarantee.

CFR · 2024-01-01 · US · Title 7

(a) A Firm Export Sales Contract for an Eligible Export Sale must exist before an Exporter may submit an application for a Payment Guarantee. Upon request by CCC, the Exporter must provide evidence of a Firm Export Sales Contract. An application for a Payment Guarantee must be submitted in writing to CCC in the manner specified on the USDA Web site. An application must identify the name and address of the Exporter and include the following information: (1) Name of the destination country or region. If the destination is a region, indicate the country or countries within the region to which the U.S. Agricultural Commodity will be exported. (2) Name and address of the Importer. If the Importer is not physically located in the country or region of destination, it must have an Importer's Representative in the country or region of destination. If applicable, provide the name and address of the Importer's Representative. (3) A statement that the U.S. Agricultural Commodity will be shipped to the destination country or region. (4) Name and address of the party on whose request the Letter of Credit is issued, if other than the Importer. (5) Name and address of the Intervening Purchaser, if any. (6) Date of Sale. (7) Exporter's sale number. (8) Delivery period as agreed between the Exporter and the Importer. (9) A full description of the U.S. Agricultural Commodity (including packaging, if any). The description must include the applicable six-digit Harmonized System commodity classifi

official document · source cfr-2024 · id 7:§ 1493.70