Increase in Certification Limits for Collections and Payments: Key Updates from General Communiqué No. 575
On November 30, 2024, a significant update affecting financial transactions in Turkey was published in the Official Gazette. The General Communiqué No. 575 introduced changes to the certification limits for collections and payments, increasing the threshold from 7,000 TRY to 30,000 TRY. This adjustment has implications for individuals and businesses operating within Turkey, particularly those […]