BANI Newsletter

Brochure BANI

News & Events

Newly appointed arbitrators in BANI Arbitration Center

The Asean Open Economic Community The Role of Arbitration in Indonesia and Australia

 

COSTS OF ARBITRATION

A. Registration fee : Rp 2.000.000,- (should be made payable on the date of submission of the arbitration application)

B. Administration Fee, Hearings Fee and Abitrator’s Fee for convention or reconvention are as follows :

ARBITRATION EXPENSE FOR DISPUTE RESOLUTION

 

Claims (Rp)

Costs

A

Less than

500,000,000

10.0 %

B*)

 

500,000,000

9.0 %

C*)

1

1,000,000,000

8.0 %

 

2

2,500,000,000

7.0 %

 

3

5,000,000,000

6.0 %

 

4

7,500,000,000

5.0 %

 

5

10,000,000,000

4.0 %

 

6

12,500,000,000

3.5 %

 

7

15,000,000,000

3.2 %

 

8

17,500,000,000

3.0 %

 

9

20,000,000,000

2.8 %

 

10

22,500,000,000

2.6 %

 

11

25,000,000,000

2.4 %

 

12

27,500,000,000

2.2 %

 

13

30,000,000,000

2.0 %

 

14

35,000,000,000

1.9 %

 

15

40,000,000,000

1.8 %

 

16

45,000,000,000

1.7 %

 

17

50,000,000,000

1.6 %

 

18

60,000,000,000

1.5 %

 

19

70,000,000,000

1.4 %

 

20

80,000,000,000

1.3 %

 

21

90,000,000,000

1.2 %

22

100,000,000,000

1.1 %

23

200,000,000,000

1.0 %

24

300,000,000,000

0.9 %

25

400,000,000,000

0.8 %

26

500,000,000,000

0.6 %

D*)

Over

500,000,000,000

0.5 %

*) 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.

C. 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

D. 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.

E. Refund of Administration Fee, Examination Fees and Cost of Arbitrator :

1) If the case is revoked before the trial started, the paid fees for administration, inspection and expenses of arbitrators shall be refunded on the following conditions:

a) Refunded 100% (one hundred percent) when the revocation be made within five (5) days after payment is received by BANI;

b) Refunded 90% (ninety percent) when the revocation is made in six (6) days up to 180 (one hundred eighty) days after payment is received by BANI;

c) Refunded 80% (eighty percent) when the revocation is made in 181 (one hundred and eighty-one) days up to the issuance of the Decree of the formation of Arbitration Tribunal;

d) Refunded 70% (seventy percent) when the revocation is made after the issuance of formation of the Arbitration Tribunal but the first session date has not been set.

2) If the revocation of the case was made when the trial has been conducted, the administrative fees, inspection fees and expenses of arbitrators that have been paid are not refundable;

3) In case of the abolition of the case by the Governing Council BANI Arbitration Center for any reason, and the trial has not yet begun the refund of administration fee, examination fee and the cost of the arbitrator paid will be calculated separately on a case by case basis.