Declaration of Value and Method of Collection in Exports to the Turkish Republic of Northern Cyprus

Circular: 2026-17

Within the scope of the 2nd paragraph of Article 9 of the current Export Circular published by the Central Bank; in export transactions to the Turkish Republic of Northern Cyprus, it is fundamentally required that the export value be declared in Turkish Lira (TL) in field 22 of the customs declaration and collected in TL, however, it is also allowed for the payment of the relevant export transactions to be collected in foreign currency.

Click here to access the circular.