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Arbitration Costs

Under the provisions of Chapter Chapter Ⅶof the International Arbitration Rules, parties will be requested to pay the estimated arbitration costs in advance in the manner and within the period of time determined by the Secretariat. The deposit constitutes the initiation of the arbitral proceedings and the remainder of costs will be refunded when the case is closed.

Our Bank Account Numbers are as below :

  • Woori Bank
  • (SWIFT CODE: HVBKKRSE) - Trade Center Branch, Seoul, 424-05-001415 for Korean Won Currency
  • Korea Exchange Bank
  • (SWIFT CODE: KOEXKRSE) - Trade Center Branch, Seoul, 172-JSD-100069 for US Dollar Currency or Euro Currency

*(VAT excluded, if the fees are transferred from abroad to the KCAB in foreign currency.)

If you want to know more about the Arbitration Costs and the Revised Rules, click here.

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*The actual fees may differ from the result of the Costs Calculator because of the change of exchange rate,
translation fee, Arbitrators fee, etc.

Amount in Dispute
Arbitration Cost Results
Filling Fee 1,000,000 KRW
[N/A When Claim does not exceed 200,000,000KRW]
 KRW
 KRW
 KRW
 KRW
triple, when there are 3 arbitrators
 KRW

(If you need Korea Currency Exchange Rate Information, Please Click here)

Schedule of Fees and Expenses
< Unit: KRW >
Amount
in Dispute
under the "International Arbitration Rules" of KCAB
Administrative
Fees
Minimum
Arbitrator's
Fee
Maximum
Arbitrator's
Fee
Average
Arbitrator's
Fee
Filing
Fees
Total
10,000,000 50,000 0 0 400,000 0 450,000
10,000,001 50,000 0 0 400,000 0 450,000
20,000,000 90,000 0 0 400,000 0 490,000
30,000,000 135,000 0 0 400,000 0 535,000
50,000,000 225,000 0 0 400,000 0 625,000
50,000,001 225,000 0 0 600,000 0 825,000
80,000,000 360,000 0 0 900,000 0 1,260,000
100,000,000 450,000 0 0 1,100,000 0 1,550,000
100,000,001 450,000 0 0 1,100,000 0 1,550,000
130,000,000 540,000 0 0 1,320,000 0 1,860,000
150,000,000 600,000 0 0 1,470,000 0 2,070,000
180,000,000 690,000 0 0 1,700,000 0 2,390,000
200,000,000 750,000 0 0 1,850,000 0 2,600,000
200,000,001 1,800,000 2,250,000 7,500,000 4,870,000 1,000,000 7,670,000
500,000,000 3,300,000 4,500,000 16,500,000 10,500,000 1,000,000 14,800,000
500,000,001 3,300,000 4,500,000 16,500,000 10,500,000 1,000,000 14,800,000
800,000,000 4,800,000 6,000,000 24,900,000 15,450,000 1,000,000 21,250,000
1,000,000,000 5,800,000 7,000,000 30,500,000 18,750,000 1,000,000 25,550,000
1,000,000,001 5,800,000 7,000,000 30,500,000 18,750,000 1,000,000 25,550,000
2,000,000,000 10,800,000 9,500,000 40,500,000 25,000,000 1,000,000 36,800,000
5,000,000,000 25,800,000 17,000,000 70,500,000 43,750,000 1,000,000 70,550,000
5,000,000,001 25,800,000 17,000,000 70,500,000 43,750,000 1,000,000 70,550,000
7,500,000,000 32,050,000 18,000,000 75,500,000 46,750,000 1,000,000 79,800,000
10,000,000,000 38,300,000 19,000,000 80,500,000 49,750,000 1,000,000 89,050,000
10,000,000,001 38,300,000 19,000,000 80,500,000 49,750,000 1,000,000 89,050,000
30,000,000,000 78,300,000 24,000,000 100,500,000 62,250,000 1,000,000 141,550,000
40,000,000,000 98,300,000 26,500,000 110,500,000 68,500,000 1,000,000 167,800,000
50,000,000,000 118,300,000 29,000,000 120,500,000 74,750,000 1,000,000 194,050,000
50,000,000,001 118,300,000 29,000,000 120,500,000 74,750,000 1,000,000 194,050,000
75,000,000,000 150,000,000 32,750,000 138,000,000 85,370,000 1,000,000 236,370,000
100,000,000,000 150,000,000 36,500,000 155,500,000 96,000,000 1,000,000 247,000,000
100,000,000,001 150,000,000 36,500,000 155,500,000 96,000,000 1,000,000 247,000,000
200,000,000,000 150,000,000 43,500,000 185,500,000 114,500,000 1,000,000 265,500,000
300,000,000,000 150,000,000 50,500,000 215,500,000 133,000,000 1,000,000 284,000,000

* When an amount in dispute is below 200 million KRW in an expedited procedure case, the arbitrator’s fee shall be the minimum amount as specified in the fee schedule in Appendix 2 (Article 1) of KCAB International Arbitration Rules. However, in expedited procedure cases where the Secretariat appoints the arbitrator in accordance with Article 45 Section 1 of the Rules, the above Average Arbitrator's fee schedule applies.

Parties will be requested that under the provisions of Chapter Ⅷ of the Domestic Arbitration Rules, the estimated arbitration costs
must be paid in advance to this Board as soon as possible. The deposit constitutes the initiation of the arbitral proceedings and the
remainder of costs will be refunded when the case is closed.

Our Bank Account Numbers are as below :

  • Woori Bank
  • (SWIFT CODE: HVBKKRSE) - Trade Center Branch, Seoul, 424-05-001415 for Korean Won Currency
  • KEB HANA BANK
  • (SWIFT CODE: KOEXKRSE) - Trade Center Branch, Seoul, 172-JSD-100069 for US Dollar Currency,
    172-JSD-102142-1 for Euro Currency

*(VAT excluded, if the fees are transferred from abroad to the KCAB in foreign currency.)

*The actual fees may differ from the result of the Costs Calculator because of the change of exchange rate,
translation fee, Arbitrators fee, etc.

Amount in Dispute
Arbitration Cost Results
 KRW
 KRW

1) 10% V.A.T. included for Administrative Fees

2) If you need Korea Currency Exchange Rate Information, Please Click here