 India are making the loudest noises for payments to be made |
The International Cricket Council has frozen a number of payments to teams due after the World Cup.
The ruling body is still withholding millions of pounds because of a compensation claim from the tournament's commercial partner.
Tournament hosts South Africa are owed the most money, a staggering �6,845,000 ($11m).
The Global Cricket Corporation (GCC) is demanding �28m ($36m) from the ICC for loss of earnings.
The World Cup hit a revenue shortfall after England and New Zealand boycotted games in Zimbabwe and Kenya.
 | There will be no immediate release of any money to any country  |
And India players were involved in a long-running dispute with the ICC over personal endorsements clashing with tournament sponsors. They are owed �3,832,000 ($6.5m).
India are leading calls for full payments to be made immediately, but the ICC is refusing to bend.
ICC president Ehsan Mani said: "There will be no immediate release of any money to any country."
The dispute with the GCC could take up to two years to resolve.
Mani and ICC spokesman Brendan McClements said the ICC was consulting its advisors, and also examining legal issues, as to whether it can release some of the withheld money to the national boards.
"Any money to be released would be done only on the basis of an undertaking, or in some cases a bank guarantee, but this would be done only if our advisors feel it would be appropriate [to release money].
"The ICC is taking legal advice to assess, to see whether it would be prudent to release money and how much money," an ICC spokesman said.