The Financial institution of Credit score and Commerce of Cuba (BANDEC) reported this June 15, regarding sending cash to Cuba within the type of remittances to the financial institution magnetic playing cards in its branches and left this advice.
As we introduced this week, FINCIMEX, the Cuban monetary company, unexpectedly introduced the suspension of the remittance sending service to Cuba from Small World, one of many primary firms within the sector.
The measure, which additionally affected different international locations, has generated uncertainty amongst customers who rely on these remittances to help their kinfolk on the island, particularly from Europe.
Exactly, BANDEC recommends to its purchasers in Europe, a route from the “Outdated Continent” to ship cash to Cuba, as a substitute for leaving Small World.
“Assure your shipments from Europe with Tocopay. Benefit from essentially the most favorable alternate fee in the marketplace, and the quickest deposits,” reads Bandec’s message on its Telegram channel this Father’s Day weekend.
BANDEC on sending cash to Cuba
Though the suspension of Small World is a critical blow to remittances to Cuba, which signify a significant supply of earnings for a lot of households, there are alternate options and that’s what Bandec tried to report.
Easy methods to ship cash to Cuba from this platform? To ship cash by way of its web site, the sender should have a world card (Visa, Mastercard, Maestro or UnionPay), pay as you go, credit score or debit, enabled for Safe Web Funds.
In the meantime, the beneficiary in Cuba should be the holder of an AIS, CLASICA or MLC card from the Metropolitan, Standard Financial savings (BPA) or Credit score and Commerce (BANDEC) banks.
The Cuban credit score financial institution additionally determined to recollect a bonus in power on this particular Father’s Day.
“From June 14 to 16, a Particular Bonus for shipments of 350 MLC or extra and the Raffle for a Meals Basket for Dad,” they concluded.
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