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Fees

  1. Fees

    Following information is provided in Appendix A. Fees and Costs of the KCAB International Mediation Rules.

  • Article 1. Filing Fee

    Each Request pursuant to the Rules must be accompanied by a non-refundable filing fee of KRW 1,000,000.

    However, the Secretariat may, in its discretion, exempt or reduce payment of the filing fee where the dispute amount is below a specific amount as determined by the Secretariat.

  • Article 2. Administrative Expenses

    1. 01The parties shall pay the administrative expenses of KCAB as set out below.

      Amount in dispute Administrative expenses
      up to 200,000,000 500,000
      over 200,000,000 to 1,000,000,000 1,000,000
      over 1,000,000,000 to 2,000,000,000 3,000,000
      over 2,000,000,000 to 10,000,000,000 10,000,000
      over 10,000,000,000 to 50,000,000,000 15,000,000
      over 50,000,000,000 to 100,000,000,000 20,000,000
      over 100,000,000,000 25,000,000
    2. 02Where the amount in dispute is not stated, the administrative expenses shall be KRW 3,000,000.

  • Article 3. Mediator’s Fees and Expenses

    1. 01Unless otherwise agreed by the parties and the mediator, the mediator’s fees are calculated on the basis of the time spent by the mediator in the mediation including his/her preparation time at the hourly rate agreed by the parties and the mediator prior to the mediation.

    2. 02The amount of reasonable expenses of the mediator shall be fixed by KCAB.

      • For more information about the Mediation Costs,
      1. Download Payment Instructions