Global Trade Alert
Global Trade Alert

Turkiye: Settlement delay on foreign exchange purchases more than 100,000 USD

Announcement

21 May 2019

On 21 May 2019, Turkiye's Banking Regulation and Supervision Agency ("BRSA") announced imposing of settlement delay on foreign exchange purchases more than 100,000 USD.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 May 2019

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 21 May 2019, Türkiye's Banking Regulation and Supervision Agency ("BRSA") announced imposing of settlement delay on foreign exchange purchases more than 100,000 USD or equivalent in other currencie...

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