Schedule of Fees

Fees are payable by way of:
  • a registration fee;
  • an administration fee;
  • a fee for extra, reasonable or actual expenses incurred in administration; and
  • arbitrators’ fees.

Registration Fee

The registration fee of USD300 is payable by the Claimant together with its request for arbitration. Only if the Respondent advances a reconventional claim is it necessary for the Respondent to pay the registration fee of USD300. The registration fee is nonrefundable.
The amount of Claim referred to in this Schedule shall be based on the sum of money claimed by the Claimant. If the amount claimed is different from the actual amount in dispute, or in the event of a reconventional claim, the actual amount in dispute shall be the basis for calculation.

Where the amount of claim is not ascertained at the time when application for arbitration is handed in, or there exists special circumstances, the amount of administration fee deposit shall be determined by the Secretariat.

Apart from charging administration fee according to this Schedule, the Secretariat may collect other extra, reasonable and actual expenses incurred in the course of its administration.

Arbitrators’ fees are paid by AFSA International to the appointed arbitrators and the parties are obliged in advance to cover AFSA for such expenses.

Administration Fees

Amount in Dispute (USD) Administration Fees (USD)
Up to 50,000 1,000
50,001 to 200,000 1,200 + 1,43% excess over 50,000
200,001 to 500,000 2,800 + 0,78% excess over 200,000
500,001 to 1,000,000 5,610 + 0,65% excess over 500,000
1,000,001 to 2,000,000 8,500 + 0,42% excess over 1,000,000
2,000,001 to 5,000,000 12,260 + 0.21% excess over 2,000,000
5,000,001 to 10,000,000 17,816 + 0.104% excess over 5,000,000
10,000,001 to 50,000,000 22,444 + 0,062% excess over 10,000,000
50,000,001 to 80,000,000 44,426 + 0.026% excess over 50,000,000
80,000,001 to 100,000,000 51,368 + 0.020% excess over 80,000,000
Above 100,000,000 54,950
Appointment Only (one arbitrator) 1,735
Two arbitrators 2,235
Three arbitrators 2,735
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