30 Jan 2023
Only Swiss Francs Now
According to the decision by the FAI Executive Board in the By-Laws, from 2023 onwards FAI will only accept payments in CHF (Swiss Francs).
CIVL Bureau has to amend Section 7 accordingly.
All references to Euros in our regulations are changed to Swiss Francs. The exchange rate is deemed to be 1,00, so there is no change in the Section 7 amounts.
Organisers, teams, pilots … are now requested to process all payments to the FAI in CHF. If there are any additional PayPal or bank charges, they are supported by the organisers, teams, pilots…
