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FIBA Chap. 11 Fees and allowances (articles 3-342 to 3-345)

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Questions and Answers

What is the process for making payments to FIBA?

*Payments are made after deduction of taxes.

What is the currency of reference for all financial transactions with FIBA?

*Swiss Franc

What is the requirement for paying fees and dues to FIBA?

*Payments must be made in full, without any deductions.

How much is the allowance for FIBA Referees in a FIBA Olympic Qualifying Tournaments in Men Competitions?

<p>*CHF 1,100</p> Signup and view all the answers

How much is the allowance for FIBA Commissioners in a FIBA Basketball World Cup – Men (1st and 2nd phase)?

<p>*CHF 2,500</p> Signup and view all the answers

How much is the allowance for FIBA Technical Delegates in FIBA Women’s Basketball World Cup Qualifiers?

<p>*CHF 1,400</p> Signup and view all the answers

How much is the administrative fee chargeable for a letter of clearance request?

<p>*CHF 250</p> Signup and view all the answers

How much is the annual fee for FIBA Players’ Agent License?

<p>*Maximum CHF 1,000</p> Signup and view all the answers

How much is the solidarity fee for international transfer of a young player?

<p>*Up to CHF 3,000</p> Signup and view all the answers

How is distributed the administrative fee for a letter of clearance request?

<p>*CHF 150 for National Member Federation of origin, CHF 50 for New National Member Federation and CHF 50 for FIBA</p> Signup and view all the answers

Study Notes

Terms of Payment

  • Invoices may be subject to taxation according to applicable tax regulations.
  • Payments will be made after deduction of taxes.
  • Fees and dues, fines, rights, participation fees, or any other amounts invoiced must be paid in full, without any deductions (e.g., bank charges).
  • Payments are due on receipt of the invoice.

Payment Details

  • Payments must be made in favor of FIBA to the following bank account:
    • Bank: UBS S.A.
    • Address: Place St-François, 1002 Lausanne, Switzerland
    • Account numbers and IBANs:
      • CHF: 243-384509.01M; IBAN CH970024324338450901M
      • USD: 243-384 509.60L; IBAN CH980024324338450960L
      • EUR: 243-384509.61R; IBAN CH490024324338450961R
    • Bank code: 243
    • Swift code: UBSWCHZH80A

Currency of Reference

  • The Swiss Franc is the currency of reference for all financial transactions with FIBA, according to Article 34.7 of the General Statutes.

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