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Romanian Lumber and Timber Agency

 
Arbitral Fees and Expenses

Claim value denominated in a foreign currency


Amount of Claim (in US$) Arbitral Fee
up to $ 50.000 5% however not less than $500
from $ 50.001- $ 100.000 $ 2.500 plus 3% of the amount above $ 50.000
from $ 100.001- $ 500.000 $ 4.000 plus 2% of the amount above $ 100.000
from $ 500.001- $ 1.000.000 $ 12.000 plus 1% of the amount above $ 500.000
from $ 1.000.001- $ 2.000.000 $ 17.000 plus 0,5% of the amount above $ 1.000.000
over $ 2.000.000 $ 22.000 plus 0,3% of the amount above $ 2.000.000

Source : Rules of International Arbitration Brochure;Issued by The Court of International Arbitration
Attached to Romanian Chamber of Commerce and Industry of Romania
 
 

Back to International Arbitration

 
 
Ec. Septimiu Petrascu, Export-Import Agent, 11, Traian Street, 2575 Sebes-Alba, Romania
Tel/Fax : 0040-58-730.786  e-Mail : septimiu@apulum.ro