Fund Holding Services at the SCC Arbitration Institute
Currency Restriction
Funds can only be held in euros.
Dedicated Account
All funds are placed in a dedicated account.
Deposit Confirmation
The SCC Secretariat confirms all deposits. Such confirmation is made in relation to the parties and the tribunal.
Comprehensive Reporting
- Periodic Summaries: The SCC provides regular summaries of funds received and disbursed, ensuring transparency.
- On-Demand Reports: Parties and tribunals can request detailed reports as needed.
Payment Processing
- Payments are executed promptly upon the tribunal’s request, facilitating smooth proceedings.
- Invoicing Service: The SCC invoices the tribunal for the fundholding service, streamlining administrative processes.
- Annual Fee: EUR 3,000 (excluding VAT)
Feel free to reach out to our email if you have any further inquiries or require additional information.