Cuba's Postal Service Restarts International Money Transfers...

What Happened

Correos de Cuba, the island's state-run postal service, has announced the reactivation of its international money transfer service. This move, effective April 6, 2026, allows for the sending of money to Cuba from various countries once again. The service is available from nations including Spain, Chile, Uruguay, and Colombia.

Where and When

The announcement was made on Correos de Cuba's official website on April 6, 2026. Money can now be sent from several countries to recipients across Cuba. The service aims to facilitate remittances, though with specific conditions regarding how the funds are delivered to beneficiaries within the island.

Why It Matters

This reactivation is significant as it provides another channel for Cubans to receive financial support from abroad. It offers a direct method for families to send and receive funds, impacting household economies and personal finances. The new conditions, however, reflect an effort to channel larger amounts through the formal banking system.

What Parties Say

Correos de Cuba stated that transfers up to 20 dollars or euros can be collected in cash in Cuban pesos (CUP) at the current exchange rate. For amounts exceeding this threshold, funds will be automatically deposited into a CUP bank card registered to the beneficiary. The exchange rate used is the 'floating rate' from Segment III of the Central Bank of Cuba.

What Comes Next

For amounts over $20, recipients will receive funds converted to CUP directly onto their bank cards. The maximum daily receiving limit is 1000 euros or dollars. Recipients must present identification, the giro number, and a secret key for collection. The service is accessible through numerous post offices nationwide, with customer support available via phone and email.