Send money to Cuba and your family receives euros or dollars in cash

In addition to being a captive currency of Cuban banks, the MLC has a lower value than the dollar and the euro in the Cuban Informal Market, if your family is looking to change it to CUP. In addition to paying in cash, this site for sending remittances to Cuba is serious, well-known and fast. We will tell you about it.

As you read, Sendvalu offers a safe and efficient way to send money to Cuba, allowing recipients to receive cash directly at their home.

Unlike other platforms that require the use of Freely Convertible Currency (MLC), Sendvalu offers the advantage that money can be delivered in US dollars (USD) or euros (EUR), which represents a great benefit for Cubans who need to access currencies with a higher value in the informal market.

Process of sending and delivering cash

The process for sending money to Cuba via Sendvalu is simple and fast. Users only need to create an account on the platform and select the option to send money to Cuba.

For first-time users, the first transaction is completely free. The money can arrive within 1-5 business days, depending on the type of account the sender has. Once the transfer is sent, the recipient will receive the money in cash, either in Cuban pesos (CUP), dollars (USD) or euros (EUR), depending on the option chosen by the sender.

Advantages of receiving dollars in cash instead of MLC

One of the main advantages of using Sendvalu is that it allows recipients to receive US Dollars (USD) instead of Freely Convertible Currency (MLC).

The MLC is a captive currency that can only be used in specific stores in the country and is “closed” in the Cuban banking system. In addition, its value in the informal foreign exchange market is significantly lower than that of the dollar. This limits the purchasing power of those who receive money in MLC, as they have fewer options to use it or convert it into a stronger currency.

In contrast, receiving cash dollars through Sendvalu offers greater financial freedom. Recipients can use USD to make purchases anywhere in the country, or exchange it for CUP at much more favorable rates on the informal market. This flexibility is crucial for families who rely on remittances to cover their daily needs and cope with rising inflation.

Home delivery throughout Cuba and currency options

Sendvalu’s home delivery service covers all provinces in Cuba for payments in dollars (USD), while payments in euros (EUR) are available exclusively for Havana.

The amounts that can be sent in USD or EUR are fixed, and range from 100 to 900, with the benefit that recipients will not have to go to banks or use MLC cards to access the money.

This method is especially convenient, as it eliminates the inconveniences associated with the Cuban banking system, which frequently suffers from delays and restrictions.

Special promotion: €4 discount with code ESCUELA24

This September, Sendvalu has launched a promotion offering a €4 discount on transfers of €120 or more. To take advantage of this offer, you just need to enter the code SCHOOL24 when making the transaction.

This promotion is valid until September 30, making it an excellent opportunity to send money and support your family and friends in Cuba, especially in the context of back-to-school.

How to send money to Cuba and have your family receive dollars or euros in cash?

To send money to Cuba with Sendvalu, follow these simple steps:

1. Create an account on the platform or log in if you are already a customer.
2. Choose the amount to send and select the payment option in cash, USD or EUR.
3. Enter the recipient’s details.
4. If this is your first transaction, shipping will be free.
5. (Current Promo) Use code ESCUELA24 if you are sending €120 or more to get a €4 discount.

Recipients will be able to enjoy the convenience of receiving money at home, without having to go to banks or use MLC, which gives them greater freedom and purchasing power.

Directorio Cubano can certify that Sendvalu is a reliable solution for those seeking to support their loved ones in Cuba efficiently, economically and without the limitations imposed by the MLC.