Central Bank of Iraq - ASYCUDA Regulation

Dear Member,
With reference to the letter sent to our Chamber by TOBB, forwarded to our Union: a) Our letter dated 21.08.2025 and numbered 9775.
b) In the letter dated 01.09.2025 and numbered 112991035 received from the Ministry of Trade; it was stated that our letter referenced in (a) had conveyed the "Updating of Company Information in the Automated System for Customs Data (ASYCUDA)" of the General Commission of Customs of Iraq, and that the information of companies registered in ASYCUDA must be reviewed and updated by 1 September 2025, while companies that fail to update would be removed from the system.
The letter referenced in (b), a copy of which is presented in the annex, provides information that, with reference to the Circular of the Central Bank of Iraq dated 20 August 2025, the implementation of the ASYCUDA importer code check for payments from abroad relating to export proceeds has been postponed to 1 December 2025.
The letter further states that our companies are advised to confirm in advance with their Iraqi importers whether they meet the conditions for transferring export proceeds to our country through the Banking System on and after 1 December 2025; otherwise, it is possible to face problems such as export proceeds not being received through the banking system or delays in such transfer transactions.

Annex: Central Bank of Iraq - ASYCUDA Regulation

Kind regards,
Elazığ Chamber of Commerce and Industry