MADRID, Spain.- The American company Western Union expanded its entities for sending remittances to Cuba from Florida. As disclosed univisionNow there are 343 offices in the state enabled for this service, in 65 municipalities.
“People in Cuba who have accounts or debit cards of Banco Popular de Ahorro (BPA), Banco Metropolitano SA and Banco de Crédito y Comercio can receive up to a limit of 2,000 dollars (it can only be in this currency) per transaction. (BANDEC)”, the information specifies.
The Western Union company announced the expansion to more than 300 entities in Florida, its test phase of the resumption of the remittance service to Cuba from the state. Look at the details. https://t.co/ygtm3nMwo7
– Univision 23 Miami (@Univision23) January 28, 2023
Cubans residing on the Island who receive the transfer must also present a valid identification issued by the Cuban Government.
Western Union suspended its operations in the 400 points that the company had in Cuba in November 2020, during the presidency of Donald Trump, when new sanctions from Washington against Havana came into force, including a sanction against the financial corporation Fincimex, which was the counterparty of the US money transfer firm. With this, the business of Western Union on the island ended and meant a blow to the Cuban dictatorship, which had one of its main sources of income in the inflow of remittances.
At the beginning of the current month, Western Union announced that it was resuming the sending of remittances to Cuba in a trial phase with 24 entities in Florida. At that time, the entity indicated that these offices would be expanded. In addition, he said that he planned to expand the remittance service to Cuba to other states and also to other countries. Among the entities from which it is possible to send remittances to Cuba are Navarro, Sedanos, La Fama Supermarkets, Florida Check Cashing, Price Choice Foodmarket, J&R Century, Éxito Supermarket and Mundo Communicatel.
Last November, the United States government relaxed the requirements for sending remittances to Cuba from Miami, based on the permission for the VaCuba agency to operate with Orbit SA Orbit SA was authorized by the Cuban regime in February 2022 to manage remittances, although its operations are practically unknown.