Regulatory Alerts2026-03-26
Circular to Approved Intermediaries No. 2026-4 of March 26, 2026
The Governor of the Central Bank of Tunisia issued Circular No. 2026-4 requiring approved intermediaries to secure full-value cash deposits from importers' own funds prior to financing imports of non-priority products, regardless of the financial settlement method. This mandatory deposit requirement applies to all financing forms, including credits, advances, and bank guarantees, while exempting public procurement contracts, pre-committed operations, industrial enterprises with certified technical sheets, and active processing regime imports. The circular takes effect upon publication and mandates strict compliance verification by intermediaries, including accurate product nomenclature coding.
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