A rapid and selective method has been developed for the substoichiometric extraction of Ag/I/with 1,2,3-benzotriazole /1,2,3-BT/ in chloroform in the presence of versenate. The effect of various parameters such as pH, time of equilibration, solvent, anions, cations, etc., on the extraction coefficient value has been studied. The stoichiometry of the extracted species of 11 /Ag:1,2, 3-BT/ was obtained by the slope ratio method and substoichiometric extraction. Decontamination factors for most elements in the substoichiometric extraction of Ag/I/ were found to be higher than 104.