Compare money transfers from the USA to Cuba

The best services to transfer money from the US to Cuba

Sending money from one country to another should be a straight forward affair. But this isn’t the case when it comes to transferring money from the U.S to Cuba. Since 1960’s, the US government has controlled money transfers between the US and Cuba, placing limitations on the amount of money that can be transferred at a given time.

In April 2019, the US government put in force new regulations that limit the amount of money that a person can send to Cuba to $1000 every three months.

Another important point to note is that Cuba has two national currencies namely the Cuban Peso and the Cuban Convertible Peso. While the Cuban Peso cannot be accessed outside of Cuba, the Cuban Convertible, which is tied to the value of an US dollar, can be exchanged in the international markets. It’s mostly used by tourists.

Thankfully, there are several ways that you can use to send money from the USA to Cuba. Here are the most common ones.

1. Bank to bank transfers. For a long time, bank transfers have been a popular method of sending money from the US to Cuba. As a matter of fact, most Cubans in the US use bank to bank transfers to send money to their loved ones in Cuba. It’s a trusted and reliable method of transferring money.
2. Online money transfer companies. When it comes to sending money from the USA to Cuba, you might want to consider an online money transfer service. The good news is that online money transfer firms allow you to quickly transfer money from the US, directly to a Cuban bank account.

What’s the quickest method to wire money from the US to Cuba?

When it comes to speed, Western Union is among the fastest ways of transferring money to Cuba. When you send money through Western Union, you’re sure that your recipient gets it in a matter of minutes.

What’s the most affordable method of sending money to Cuba from the US?

• Credit and debit cards
• Online money transfer
• Bank to bank transfer

Credit cards are by far the most affordable way of sending money to Cuba.

It’s simple and straightforward. You only need to do a thorough check on the available banks offering the best credit cards. Once you get hold of one, you simply ship it to Cuba. The beauty of credit cards is that they are easy to use and can be used in Cuba. They are an ideal alternative for regions that may not have online money transfer agents.

Bank to bank transfers and online money transfer methods have different rates for sending money to Cuba. While some have a flat rate, others compute their fee as a percentage of the money to be transferred. Always shop around for the service with the bets rates.

Advantages of Working with Us

Our website helps you sift through the many methods of sending money to Cuba, enabling you to make informed choices. With our money transfer comparison tool, you don’t need to worry about the associated costs of sending money to Cuba because we have done that for you.