SERVICER'S CERTIFICATE
                                                              
Export Funding Trust,Series 1994-A
                 Certificate No. 4
                                                              
               Payment Date: 8/15/96
                                                              
                                                              
1.  Principal received on Promissory             $              
   Notes......................................    1,897,750.00
                                                              
2.  Interest received on Promissory              $              
   Notes......................................    1,347,592.28
                                                              
3.  Prepayment made by Obligor (if               $              
   any).......................................               -
                                                              
4.  Remaining Promissory Note Principal          $              
   Balance........................                  32,261,750
                                                              
5.  Pool                                                 85.00%
   Factor.....................................
                                                              
6.  Principal per Minimum                        $              
   Denomination...............................        5,000.00
                                                              
7.  Interest per Minimum                         $              
   Denomination...............................        3,550.50
                                                              
8.  Remaining Promissory Note Principal Balance                
    Per Minimum                                  $              
    Denomination...............................       85,000.00
                                                              
 No default has occurred and is continuing with respect
 to the Promissory Note(s) or related Credit Agreement. 
                                                              
  All capitalized terms not otherwise defined shall have                        
  the respective meanings set forth in the Pooling and 
  Servicing Agreement.                                                        
                                                              

 INWITNESS WHEREOF, the undersigned has duly executed 
 and delivered this certificate this 9th day of August 1996.
                                                              
                                                              
    NationsBank of Texas, N.A.                                  
    As Servicer                                                 
                                                                
    By:/s/Michael Timoney                                  
    Name: Michael Timoney                                       
    Title: Assistant Vice President