The Rate of Obligation to Sell Export Proceeds to the Central Bank of the Republic of Turkey has been Reduced from 30% to 25%

According to the letter numbered 3815300 published by the Ministry of Treasury and Finance on 28.02.2025, the Export Circular has been amended. With the amendment made, the rate at which export prices must be linked to the Export Price Acceptance Certificate (IBKB) or Foreign Exchange Receipt Certificate (DAB) has been reduced from 30% to 25%.

The amendment has entered into force as of 03.03.2025. Even if the actual exports were made before this date, the sales obligation of the export prices linked to the IBKB or DAB will be applied as 25% as of 03.03.2025. These amounts will be sold to the Central Bank on the same day at the foreign exchange buying rate valid for the transaction day, and the equivalent of the amount in question will be paid to the exporter in Turkish Lira by the bank.