Who can import standard and non-standard precious metals?
In our country, only Market members (Istanbul Precious Metals Exchange) can import standard precious metals in accordance with the legislation. Although non-member institutions can also import non-standard precious metals, these institutions are required to pay RUSF at a rate of 6 percent over the amount of precious metal they import. In addition, non-standard imports made by institutions that are not members of the Market (Istanbul Precious Metals Exchange) are not required to be notified to the Exchange. Market members, on the other hand, are exempt from RUSF when they make non-standard imports, but they have to bring the relevant precious metal to the exchange.
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