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

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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
  • 06/11/2019: The BoD approves the Bye-Laws, version 2.3.
  • 28/05/2019: EQAR confirms that the application by ECBE for inclusion on the Register is eligible
  • 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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Important decisions

  • 02/09/2021: The BoD decided to cancel the Annual Conference 2021 and to convoke the AGM on October 23rd, 2021
  • 21/04/2021: The BoD coopts Matthew Kitching as voting BoD member and Oliver Kesar as member of the Committee of Appeal, both until the AGM of 2021
  • 21/04/2021: The BoD fixes the format of the AGM and the Conference of 2021
  • 21/04/2021: The BoD decides to apply for membership of AASHE
  • 15/04/2021: The Extraordinary General Meeting confirms the new Statutes at the office of notary Berquin (Brussels)
  • 08/04/2021: The Additional General Meeting accepts the new Statutes
  • 15/03/2021: The BoC agrees to grant accreditation to Plekhanov Russian University of Economics, International Business School for a period of 5 years
  • 04/01/2021: The BoD approves version 3.0 of Terms and Conditions of Sale.
  • 04/01/2021: The BoD approves the text for the new Statutes and decides to convoke the Special AGM as soon as possible.
  • 04/01/2021: The BoD approves version 3.4 of Accreditation Process Guidelines for Institutions.

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ECBE aisbl

European Council
for Business Education ivzw

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1050 Brussels, Belgium

BE 0543 364 504
Tel.: +32 2 535 89 07

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