12 CFR § 404.23 - Submission of social security and passport numbers.

---
identifier: "/us/cfr/t12/s404.23"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 404.23 - Submission of social security and passport numbers."
title_number: 12
title_name: "Banks and Banking"
section_number: "404.23"
section_name: "Submission of social security and passport numbers."
chapter_name: "EXPORT-IMPORT BANK OF THE UNITED STATES"
part_number: "404"
part_name: "INFORMATION DISCLOSURE"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 635(a)(1); 5 U.S.C. 552, 5 U.S.C. 552(a), 5 U.S.C. 553."
regulatory_source: "64 FR 14374, Mar. 25, 1999, unless otherwise noted."
cfr_part: "404"
---


# 404.23 Submission of social security and passport numbers.

(a) *Policy.* Ex-Im Bank recognizes the importance of assessing, to the extent reasonably possible, the risks associated with transactions supported by Ex-Im Bank. It is often difficult to assess risks related to individuals and non-publicly trade entities. Therefore, when an individual or a non-publicly traded entity applies for participation in an Ex-Im Bank program or is proposed as a guarantor for an Ex-Im Bank transaction, Ex-Im Bank may request social security and/or U.S. passport numbers from such individual or from the principals of such entity. Ex-Im Bank shall not require submission of this information, and unwillingness or inability to provide a social security or passport number shall not affect Ex-Im Bank's decision on an application for Ex-Im Bank assistance.

(b) *Use.* Ex-Im Bank shall use social security and passport numbers to assess the creditworthiness of Ex-Im Bank program participants and as a mechanism for enforcing agreements with Ex-Im Bank. Such information shall not be disclosed, except as warranted by law and regulation.

(c) *Notice.* Whenever Ex-Im Bank requests a social security or passport number, Ex-Im Bank shall place an appropriate Privacy Act notification on the form used to collect the information.

[64 FR 14374, Mar. 25, 1999. Redesignated at 87 FR 41034, July 11, 2022]