An arbitration agreement that provides for the expedited procedure with no hearings if:
| Claimant | Respondent |
| The Claimant pays a registration fee $500 for international arbitration | |
| The Claimant files a Claim | The Respondent files a Response to the Claim and (if any) a Counterclaim |
| The Claimant pays an arbitration fee (advance payment if hourly rates are used) | |
|
Before referral of a dispute to the Arbitral tribunal |
14 days after filing the Request for arbitration (20 days in case of filing the Claim) |
| The Board appoints a sole arbitrator (unless the parties agreed on personality of the arbitrator in the arbitration agreement) |
14 days following filing the Claim |
|
10 days following the receipt of the Response to the Claim or the Counterclaim |
The Claimant files additional written pleadings |
|
10 days following the receipt of the additional pleadings and the Response to the Counterclaim |
The Respondent files additional written pleadings |
|
10 days after receipt of the additional pleadings of the Respondent (if it concerns the Counterclaim) |
The Claimant files additional written pleadings |
|
70 days following the date of the constitution of the Arbitral tribunal |