A socially committed foundation, the NAI has a separate arbitral procedure for arbitral proceedings with smaller financial interests. This procedure is referred to as the Traject Geringere Vorderingen (Small Claims Procedure), or TGV. When a dispute has arisen and the monetary claim and monetizable claim total less than 100,000 euros, inclusive of any VAT, the parties may further agree to follow this adjusted arbitral procedure. In that event, the following conditions and rules apply.
A model of the Further Arbitration Agreement is available as a PDF.
By agreeing to TGV and by cooperating in the appointment of the arbitrator the parties shall not forfeit the right to challenge the jurisdiction of the arbitral tribunal on the ground of non-existence of a valid arbitration agreement.
The NAI is for national and international trading partners
read more >
The NAI arbitration rules