Remittance giant Western Union has returned remittances to Cuba from the United States, according to Martí Noticias.
So Certain To the aforementioned broker, email Brad Jones, the company's director of communications.
As is known, sending money transfers to Cuba from WU has been halted since January 26 due to “technical incidents” on the island.
“We are pleased to resume service to this vital corridor and provide essential money transfer services to those living on the island,” Rodrigo García Esteparena, president of Western Union North America and Latin America, said in a press release sent to the editorial team. Marty News.
The remittance company had announced its return on April 1, but that did not materialize.
In previous statements to the aforementioned media, Western Union officials claimed that the Cuban side had not made the necessary updates to its banking system.
The source said: “The date was extended due to the lack of cooperation on the part of Cuba.”
Western Union return to Cuba
The restoration of money transfers between Cuba and the United States was one of the news of 2023. Let us remember that WU suspended its services on the island in November 2020 due to sanctions imposed by the government of Donald Trump.
Western Union is back in Cuba with a new product. Beneficiaries on the island do not receive funds in cash, but on their bank cards in freely convertible currency (MLC or virtual dollars).
Therefore, remittances sent to Cuba via the company located in the United States are deposited in dollars in the recipient's bank account. This service is available to customers who have bank accounts and/or MLC debit cards in Cuban banks: Banco Popular de Ahorro (BPA), Banco Metropolitano SA (Banmet), and Banco de Crédito y Comercio (Bandec).
It is possible to send money to Cuba from the United States via Western Union through the company's digital channels, e.g westernunion.com Wave to request Moving.
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