3. FIFA CLEARING HOUSE PAYMENT PROCESS

Question 1

1. ALLOCATION STATEMENT
   What is it?

Answer 1

An allocation statement is a document generated automatically by TMS based on the final EPP and indicates the amounts of training rewards to be processed through the FIFA Clearing House (FCH).

The allocation statement contains all training clubs, their contact and banking information and the amount to pay in training rewards.

Question 2

2. ALLOCATION STATEMENT
   what will it generate?

Answer 2

It will generate as follows:
- training compensation, after the EPP is final,
- solidarity mechanism, after the EPP is final and after receipt of proof of each payment.

Question 3

3. PAYMENTS BY THE NEW CLUB TO FCH:
   How do the FCH collect money from the buying club?

Answer 3

Subject to the new club and training club(s) passing the Compliance Assesment and the relevant EPP and the Allocation Statement becoming final and binding, the FCH will issue a Payment Notification to the new club detailing the total amount due.

Question 4

4. PAYMENTS BY THE FCH TO THE TRAINING CLUB(S):
   How do the FCH pay the training club(s)?

Answer 4

Upon receipt of full payment from the new club, the FIFA Clearing House will generate a Distribution Statement based on the final and binding EPP and Allocation Statement, which shall include the purpose and source of each payment, to make payment(s) to the training club(s).

Such Distribution Statement will be sent via email or registered post to each training club.