Are there any government-approved money transfer services for Cuba?

Cuba operates as a dual economy. The main currency used is the Cuban convertible peso which is used by its tourists. Learn more about the currency used in ... Jan 30, 2018 ... Cuba has two currencies: you'll hear these referred to as the local currency, or Cuban Peso, and the Cuban Convertible Currency, or Cuban currency for tourists. Jan 25, 2024 ... Others point to the damage caused by longstanding US economic sanctions that, to varying degrees, have been in place since 1962. But which of ... Jan 7, 2024 ... ... do in Cuba. I generally prefer to use ATMs to get local currency but it appears that ATMs might not be readily available and reliable. 2 days ago ... Monetary instruments do not include (i) checks or money orders made payable to the order of a named person which have not been endorsed or ... Cuba has two currencies, and understanding the difference between the two can be a bit confusing. We'll do our best to outline the practical ways of using ... What currency does Cuba use? The official currency of Cuba is the Cuban peso (CUP). This is the only legal currency allowed in Cuba. However, more ... Mar 13, 2023 ... Currently there are two currencies in Cuba. The CUP (Cuban Peso) which is the national currency used for the purchase of most items, such as ... Feb 10, 2021 ... In 1994, the Cuban government introduced a new “convertible” Cuban peso (CUC) to substitute the US dollar for use in Cuba at an exchange rate of ... The only Cuban currency nowadays is the CUP. Which should make things more simple, right? WRONG!!! Cuba is edging towards a digital economy and your bank cards ...