Unpaid Invoices

The following flowchart explains the procedure followed by ECBE in case of unpaid invoices issued to Members.

ECBE settles these problems in 5 stages

Procedure Unpaid Invoices TimeLine

This chart can be downloaded here: Procedure Unpaid Invoices_TimeLine (793.41 KB)

  1. Stage 0: Invoice is still not due;
  2. Stage 1: Approx. 15 days after the due date of the invoice, a first email reminder is sent. The amount due is without additional charges and without delay interest.
  3. Stage 2: If no reactions and/or payment is received, a second email reminder is sent. The amount due is without additional charges and without delay interest.
  4. Stage 3: If still no reaction and/or payment is received, the BoD will send a first registered letter. The amount due is increased by 10% and a delay interest of 10% per year.
  5. Stage 4: If still no reaction and/or payment is received, the BoD will send a second and last registered letter. Membership will be suspended and legal action will start after another 15 days. This moment is also the start of the 90 days period prior to exclusion of the Member. If a Member is excluded, it will lose all accreditations granted by ECBE.
  6. Stage 5: Legal action is started. The amount due according to Stage 3 is increased with all legal costs made.

In all stages, except in Stage 5, ECBE is willing to negotiate payment in instalments if the Member cannot pay the full amount due instantly.

The flow chart of the procedure

This chart can be downloaded here: Procedure Unpaid Invoices_Procedure (2.11 MB)

Procedure Unpaid Invoices Procedure

ECBE's 2021 Conference

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Pre-Conference seminar:
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ENQA registration process

  • 02/10/2020: ENQA review visit ECBE started
  • 29/06/2020: ENQA review visit to ECBE is planned to start, but, due to the COVID-19 pandemic, is postponed to Fall
  • 29/02/2020: ECBE Self-Assessment Report was submitted to ENQA
  • 10/02/2020: Updates of the ECBE Quality Management Manual
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  • 14/05/2019: ECBE submits the application for EQAR registration
  • 15/04/2019: ENQA and ECBE agree on the full membership time-line; contract is signed
  • 14/01/2019: The General Meetings in Brussels approve the new Statutes

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ECBE aisbl

European Council
for Business Education aisbl

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BE 0543 364 504
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www.ecbe.eu
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