On June 2nd, a communication was received from the foreign bank that processes transactions in Cuba using VISA and MASTERCARD cards, announcing the suspension of its relationship with FINCIMEX S.A.
This suspension is directly related to Executive Order No. 14404 of May 1st, issued by U.S. President Donald Trump, as part of his strategy to economically strangle the Cuban people.
As a result of this decision, Cuba is unable to receive income from the sale of goods and services through internationally recognized cards such as VISA and MASTERCARD.
The foreign bank announced that, as of June 6th, the date the measure imposed by the United States takes effect, it becomes illegal and impossible to continue executing agreements with the Cuban entity.
The established payment methods for foreign currency transactions in the country remain in place:
– Cash
– 100% Cuban prepaid cards: Clásica and Tropical
– International cards: Mir and UnionPay
(Information from the Central Bank of Cuba)
[ SOURCE: CUBA DEBATE ]
