Central Bank of Tunisia Introduces Major Adjustments to Financial Settlement Rules for Imports and Exports
The Central Bank of Tunisia (BCT) published Circular No. 2025-13 on October 27, 2025, introducing significant adjustments to the rules governing the financial settlement of merchandise imports and exports. This initiative aims to facilitate international transactions and strengthen flexibility for Tunisian exporters.
Extension of Payment Terms for Exports
One of the main measures of this circular concerns the payment terms for export sales. Previously, export contracts had to provide for payment within 60 days from the date of shipment of the goods. With the new circular, this period is now extended to 120 days. This extension allows exporters to benefit from more flexible payment terms and have more time to settle international transactions.
Relaxation of Payment Rules for Exports
Circular No. 2025-13 also relaxes the rules regarding the means of payment for export sales. From now on, the prices of sales can be paid by any means of payment, offering greater flexibility to Tunisian companies in their international transactions.
Modification of Existing Regulations
This circular amends the provisions of Article 10 of Circular No. 94-14 of September 14, 1994, related to the financial settlement of imports and exports of goods. It aims to modernize and adapt the existing rules to the current needs of Tunisian foreign trade.
Expected Benefits
These changes are expected to facilitate export operations by offering Tunisian companies more flexibility in managing their international transactions. They also aim to strengthen the competitiveness of Tunisian exporters in global markets.
