The service is limited to consumer transfers, with a maximum remittance of $2,000 per transaction.
The service is available to recipients with Carnet de Identidad IDs and bank accounts at designated banks.
Western Union, in collaboration with its processing partner
Orbit S.A., has announced the reinstatement of its service from the United
States to Cuba, effective immediately.
This decision allows Western Union customers to send money
from any US retail location, WesternUnion.com, or the Western mobile app to
close family members in Cuba who hold bank and debit card accounts at select
Cuban banks, namely Banco Popular de Ahorro, Banco Metropolitano S.A., and
Banco de Credito y Comercio (Bandec).
Announcing Service Reinstatement to Cuban Banks
Under the resumed service, funds can only be received into
bank accounts and debit cards, with service limited to consumer money
transfers. US customers are permitted to remit up to USD 2,000.00 per
transaction upon presentation of valid government-issued identification. Money
transfers are available for receipt on the same day, including weekends and
holidays.
“We understand our service is a crucial connection between
those living in the U.S. and their family living in Cuba,” said Rodrigo Garcia
Estebarena, President, Western Union North America and LACA. “We are
pleased to resume service to this vital corridor and provide essential money
transfer services to those living on the island."
The service is exclusively available to recipients with
Carnet de Identidad IDs and bank and/or debit card accounts at the
aforementioned Cuban banks. Deposits to Freely Convertible Currency (MLC)
accounts are provided in US dollars exclusively.
The companies plan to issue Western Union and Visa Debit Cards in
North America, Asia Pacific, Latin America, and Europe. Under the 7-year
agreement, they aim to improve customer experiences by integrating Western
Union with Visa Direct and issuing Visa prepaid cards in select markets.
Western Union, in collaboration with its processing partner
Orbit S.A., has announced the reinstatement of its service from the United
States to Cuba, effective immediately.
This decision allows Western Union customers to send money
from any US retail location, WesternUnion.com, or the Western mobile app to
close family members in Cuba who hold bank and debit card accounts at select
Cuban banks, namely Banco Popular de Ahorro, Banco Metropolitano S.A., and
Banco de Credito y Comercio (Bandec).
Announcing Service Reinstatement to Cuban Banks
Under the resumed service, funds can only be received into
bank accounts and debit cards, with service limited to consumer money
transfers. US customers are permitted to remit up to USD 2,000.00 per
transaction upon presentation of valid government-issued identification. Money
transfers are available for receipt on the same day, including weekends and
holidays.
“We understand our service is a crucial connection between
those living in the U.S. and their family living in Cuba,” said Rodrigo Garcia
Estebarena, President, Western Union North America and LACA. “We are
pleased to resume service to this vital corridor and provide essential money
transfer services to those living on the island."
The service is exclusively available to recipients with
Carnet de Identidad IDs and bank and/or debit card accounts at the
aforementioned Cuban banks. Deposits to Freely Convertible Currency (MLC)
accounts are provided in US dollars exclusively.
The companies plan to issue Western Union and Visa Debit Cards in
North America, Asia Pacific, Latin America, and Europe. Under the 7-year
agreement, they aim to improve customer experiences by integrating Western
Union with Visa Direct and issuing Visa prepaid cards in select markets.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!