The international commercial arbitration attaches the greatest importance to arbitral convention. The arbitral procedure is considered to be like an expression of will of both sides and against the background of this will it is asserted that international commercial arbitration is not to be coerced in the national law and considered denationalized or not localized. Law conflicts regarding the compromise and compromised clause is solved due to the identical collision of some solutions. Considered from the point of view of the finality it is fulfilling, arbitral convention seems to display, due to its effects the feature of a procedural document. The arbitral convention in all its forms is included in the sphere of bilateral, consensual and communicative contract.