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Fund holding

Fund holding:

  • Fund can only be held in euros .
  • All funds are placed in a dedicated account.
  • The SCC confirms all deposits to the parties and the tribunal. 
  • The SCC provides a summary of funds recieved and disbursed, both periodically and on request.
  • Payments are made at the request of the tribunal.
  • The SCC invoices the tribunal for the fundholding service.
  • The annual fee is EUR 3,000 (excluding VAT).