Orbit SA reported that as of this Thursday (March 2) the American company Western Union (WU) extends the service of sending remittances to Cuba to its entire network in the United States.
In this way Orbit SA, which during 2022 managed remittances to the country from Europe and Canada, will expand its remittance operations from the United States, according to a statement that reproduce the official medium cubadebate.
WU thus ends the test phase of the service to Cuba that had begun earlier this year, but only from a group of its offices in Florida.
The activities of Orbit SA constitute a legitimate activity that has operated in Cuba since 1995 in accordance with international standards and that since 2020 had been stopped for the US market by unilateral decision of the government of that country, the note points out.
The service, argues the entity, is made possible thanks to commercial links signed with international financial companies and that favors both the recipients of remittances and the senders of these, by being able to access fast, safe and less banking channels for processing. expensive, notes the note.
The beneficiaries of remittances have the possibility of receiving them directly in their bank accounts in foreign currency of the Metropolitano, BPA and BANDEC banks.
Orbit SA is an entity operated by the Cuban Government, legally constituted in 2020, when an official resolution announced that it was authorized to “manage and process international transfers from abroad to Cuba” and “provide payment services from abroad through of its infrastructure.
In construction…
