88 307. The partial agreement on reparations has been approved by the Court through this Judgment, so any dispute or controversy arising from it shall be decided by this Court. 308. The payment of indemnities established in favor of the next of kin declared to be victims shall be provided to them directly. As for persons who have died or die prior to the payment of their compensation, the payment shall be made to their heirs pursuant to applicable domestic law.275 309. If the beneficiaries of the awards are not able to collect the payments within the specified term indicated above, the State shall deposit the amounts in an account or draw a certificate of deposit from a reputable Colombian financial institution, in United States Dollars, under the most favorable financial terms the law in force and customary banking practice allow. If compensation goes unclaimed after ten years, the amounts plus interest accrued shall return to the State. 310. The State may fulfill its pecuniary obligations by tendering United States Dollars or an equivalent amount in the currency of Colombia, at the exchange rate prevailing in New York, United States of America on the date prior to the payment date. 311. The amounts allocated in this Judgment as compensation and reimbursement of costs and expenses shall not be affected, reduced or conditioned by taxing conditions now existing or hereinafter created. Therefore, beneficiaries shall receive the total amount in conformity to the provisions herein. 312. Should the State fall into arrears with its payments, Colombian banking default interest rates shall be paid on the amount owed. 313. In accordance with its constant practice, the Court retains its power, which is inherent in its scope of authority and the provisions of Article 65 of the American Convention, to monitor full compliance with this Judgment. The instant case shall be closed once the State implements in full the provisions herein. Colombia shall, within a year from notification of this Judgment, submit a report to the Court on the measures adopted in compliance therewith. X OPERATIVE PARAGRAPHS 314. Therefore, THE COURT DECLARES, 275 Cf. Case of Goiburú et al., supra note 11, para. 162; Case of Ximenes Lopes, supra note 24, para. 219; and Case of Baldeón García, supra note 112, para. 192.