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INDONESIAN NATIONAL BOARD OF ARBITRATION

HomePage :

www.bani-arb.org
e-mail :
bani-arb@indo.net.id



 










 
COSTS OF ARBITRATION

  1. Registration fee : Rp 2.000.000,-
    (should be made payable on the date of submission of the arbitration application)
     
  2. Administration Fee, Hearings Fee and Abitratorís Fee for convention or reconvention are as follows :

             
No. Claims Tariff
      (Rp)  
         
             
 A.      Less than                        500,000,000 10.00%
             
 B. *                            500,000,000 9.00%
             
 C. * 1                         1,000,000,000 8.00%
    2                         2,500,000,000 7.00%
    3                         5,000,000,000 6.00%
    4                         7,500,000,000 5.00%
    5                       10,000,000,000 4.00%
    6                       12,500,000,000 3.50%
    7                       15,000,000,000 3.20%
    8                       17,500,000,000 3.00%
    9                       20,000,000,000 2.80%
    10                       22,500,000,000 2.60%
    11                       25,000,000,000 2.40%
    12                       27,500,000,000 2.20%
    13                       30,000,000,000 2.00%
    14                       35,000,000,000 1.90%
    15                       40,000,000,000 1.80%
    16                       45,000,000,000 1.70%
    17                       50,000,000,000 1.60%
    18                       60,000,000,000 1.50%
    19                       70,000,000,000 1.40%
    20                       80,000,000,000 1.30%
    21                       90,000,000,000 1.20%
    22                     100,000,000,000 1.10%
    23                     200,000,000,000 1.00%
    24                       300,000,000,000 0.90%
    25                       400,000,000,000 0.80%
    26                       500,000,000,000 0.60%
             
 D.       over                  500,000,000,000 0.50%
             

*) For Claim value more than from Rp 500.000.000 and betwin rates than calculation cost use interpolation.

The above fees should be made payable as soos as BANI issues the corresponding invoices to the parties.

  1. The fee mentioned above are exclusive of :

    1). The cost of summoning, transportation and fee for a witness/expert. These costs should become the burder of the party which requires the presence of the foresaid witness/expert, or the burder of all parties if the presence of the foresaid witness/expert is required by the Tribunal. These cost has to be paid in advance to BANI before the foresaid witness/expert is admitted to witness before the arbitration tribunal.

    2). The cost of transportation, accommodation and additional fee (whenever applicable) for arbitrator residing beyond the reasonable distance to where the tribunal holds its meeting. The cost has to be paid by the party that chooses the aforesaid arbitrator, while the amount is to be decided by BANI and will be paid to the corresponding arbitrator through BANI.

    3). The expenses in relation to the venue for the tribunal session other than the venue provided by BANI. The expenses would include (but not limited to) the cost of the venue, transportation and accommodation corresponding to the venue (whenever applicable), and must be paid by the party who requested the different venue, or by all parties if the change of venue are required by the arbitration tribunal.

    4). The expenses of submission/registration of the award to the corresponding District Court.
     

  2. COST OF BINDING OPINION

Is to be fixed by the Chairman of BANI on a case-by-case basis considering complexity of the matter for which the opinion is being asked for.


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HomePage : www.bani-arb.org , e-mail : bani-arb@indo.net.id