35% Central Bank Sales Rate for Export Proceeds Extended

35% Central Bank Sales Rate for Export Proceeds Extended: New Period Valid Until April 30, 2026

An important regulation has been made regarding the repatriation of export proceeds and the mandatory sales obligation to the Central Bank of the Republic of Turkey, which is one of the critical issues for exporters. With the update made to the Export Circular, the sales rate of export proceeds to the Central Bank has once again been set at a minimum of 35%.

Under the new application, at least 35% of export proceeds declared in foreign currency must be sold to the bank. The bank then transfers this amount to the Central Bank of the Republic of Turkey on the same day and pays the Turkish lira equivalent to the exporter.

The duration of the regulation has also been clarified. The 35% Central Bank sales rate will remain valid until April 30, 2026 inclusive. The effective date for the new rate has been announced as November 1, 2025.

Since this change affects export collection processes, it is particularly important for exporting companies to conduct their collection planning and banking transactions taking this rate into account.