International Credit Dispute Arbitration Commission ™Arbitration Services Fees and How to buy

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International Credit Disputes Arbitration Commission
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International Credit Dispute Arbitration Commission ™Arbitration Services Fees and How to buy

1. Case filing review fee

Number High-speed review Quick review Normal speed
1 $3000 USD 2,000 USD 1,000

Note: The fee is paid when applying for filing. Regardless of whether the arbitration result is in line with the applicant's wishes or whether the case is filed, the fee is non-refundable. However, if If the case is dismissed because the respondent refuses to recognize the tacit arbitration clause of ICE8000, three-fifths of the fee shall be refunded. This fee is paid by the applicant.

2. Arbitration fees

2.1 When the arbitration case is filed, if the parties choose not to pay fees in advance but pay the fees after the arbitration result is issued, the fee shall be paid at the rate of 12.5% of the disputed amount.

2.2 If the parties choose not to pay arbitration fees when the arbitration case is filed or after the arbitration results are issued, but pay after the arbitration results are executed, they shall pay 26.5% of the subject matter of the dispute.

2.3 When the arbitration case is filed or after the arbitration result is issued, if the parties choose to submit to arbitration in advance, they shall pay according to the following table:

Number According to the disputed amount Arbitration fees
1 Part of less than US$10,000 USD 500
2 The portion exceeding US$10,000 to US$50,000 4%
3 The portion exceeding US$50,000 to US$100,000 3%
4 The portion exceeding US$100,000 to US$500,000 2%
5 The portion exceeding NT$500,000 to USD 1 million 1%
6 Part exceeding 1 million yuan to 2 million US dollars 0.5%
7 Over $2 million 0.25%
Note: 1. The fee shall be paid in advance by the applicant; 2. The fee shall be borne by the party at fault. If both parties are at fault, the fee shall be borne in proportion. ; 3. If the applicant applies to withdraw the case and the case is withdrawn in accordance with regulations, one-half of the prepaid fees will be refunded or a reasonable refund will be made based on the progress of the arbitration; 4. If the respondent refuses to bear the arbitration fees, the association will not refund the applicant's fees. Prepaid arbitration fees.

3. Other expenses

Expenses incurred during the arbitration process due to identification, announcement, inspection, translation, evaluation, auction, sale, warehousing, custody, transportation, investigation, witness appearance, etc. that should be borne by the parties shall be based on the principle of whoever claims it shall bear it. , paid directly by the party concerned to the relevant unit or individual.

4.How to buy and contact us

Enter ICE8000 Integrity Store and select the International Credit Dispute Arbitration Commission arbitration service. If you have any questions, please email icdac@ice8000.org.

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