REGISTRATION FEE*
AED 5,000
Following the submission of the Application for Conciliation (the Application), should the Centre determine the Application to ultimately be not eligible for registration under the DIAC Arbitration Rules and/or the applicable Centre’s policies, the Registration Fee will not be refunded.
*Article (3.3) of Appendix II to the DIAC Arbitration Rules
Together with the application, the party shall make payment of the registration fee specified in the Table in force on the date the application is submitted.
COSTS OF CONCILIATION**
** Article (3.9) of Appendix II to the DIAC Arbitration Rules
A copy of the file shall be transmitted to the conciliator upon full payment of the Centre’s administrative fees and the conciliator’s fees and expenses, as fixed by the Arbitration Court.
PAYMENT OF FEES AND COSTS***
Payment of fees and costs could be made by credit card at DIAC’s premises or by bank transfer at the following details:
Account Title: Dubai International Arbitration Centre
Bank name: Emirates NBD
Swift code: EBILAEAD
Account Number: 1015826070501
IBAN: AE300260001015826070501
Currency: AED
Note: (Your Name) – A / mem / fees<
The note is important to clear the transfer of payment for DIAC.
It is important to include the name of the payer and, if applicable, the case reference to the payment for its prompt and accurate crediting. A copy of the proof of payment should be provided, so that the respective transfer is located in the Centre’s accounts.
All payments must be free of any charges that may occur at the sending and/or receiving bank. The Centre shall bear no responsibility with regards to any currency conversions that might be applied by the sending and/or the receiving bank or to any currency fluctuations, which might overall affect the payment of fees and costs.
*** Article (3.1) of Appendix I to the DIAC Arbitration Rules
All payments towards the advance on costs of the arbitration shall be made to the Centre by means acceptable to it.