The service is limited to consumer transfers, with a maximum remittance of $2,000 per transaction.
The service is available to recipients with Carnet de Identidad IDs and bank accounts at designated banks.
Cuba
Western Union, in collaboration with its processing partner
Orbit S.A., has announced the reinstatement of its service from the United
States to Cuba, effective immediately.
This decision allows Western Union customers to send money
from any US retail location, WesternUnion.com, or the Western mobile app to
close family members in Cuba who hold bank and debit card accounts at select
Cuban banks, namely Banco Popular de Ahorro, Banco Metropolitano S.A., and
Banco de Credito y Comercio (Bandec).
Announcing Service Reinstatement to Cuban Banks
Rodrigo Garcia Estebarena, President, Western Union North America and LACA, Source: LinkedIn
Under the resumed service, funds can only be received into
bank accounts and debit cards, with service limited to consumer money
transfers. US customers are permitted to remit up to USD 2,000.00 per
transaction upon presentation of valid government-issued identification. Money
transfers are available for receipt on the same day, including weekends and
holidays.
“We understand our service is a crucial connection between
those living in the U.S. and their family living in Cuba,” said Rodrigo Garcia
Estebarena, President, Western Union North America and LACA. “We are
pleased to resume service to this vital corridor and provide essential money
transfer services to those living on the island."
The service is exclusively available to recipients with
Carnet de Identidad IDs and bank and/or debit card accounts at the
aforementioned Cuban banks. Deposits to Freely Convertible Currency (MLC)
accounts are provided in US dollars exclusively.
The companies plan to issue Western Union and Visa Debit Cards in
North America, Asia Pacific, Latin America, and Europe. Under the 7-year
agreement, they aim to improve customer experiences by integrating Western
Union with Visa Direct and issuing Visa prepaid cards in select markets.
Western Union, in collaboration with its processing partner
Orbit S.A., has announced the reinstatement of its service from the United
States to Cuba, effective immediately.
This decision allows Western Union customers to send money
from any US retail location, WesternUnion.com, or the Western mobile app to
close family members in Cuba who hold bank and debit card accounts at select
Cuban banks, namely Banco Popular de Ahorro, Banco Metropolitano S.A., and
Banco de Credito y Comercio (Bandec).
Announcing Service Reinstatement to Cuban Banks
Rodrigo Garcia Estebarena, President, Western Union North America and LACA, Source: LinkedIn
Under the resumed service, funds can only be received into
bank accounts and debit cards, with service limited to consumer money
transfers. US customers are permitted to remit up to USD 2,000.00 per
transaction upon presentation of valid government-issued identification. Money
transfers are available for receipt on the same day, including weekends and
holidays.
“We understand our service is a crucial connection between
those living in the U.S. and their family living in Cuba,” said Rodrigo Garcia
Estebarena, President, Western Union North America and LACA. “We are
pleased to resume service to this vital corridor and provide essential money
transfer services to those living on the island."
The service is exclusively available to recipients with
Carnet de Identidad IDs and bank and/or debit card accounts at the
aforementioned Cuban banks. Deposits to Freely Convertible Currency (MLC)
accounts are provided in US dollars exclusively.
The companies plan to issue Western Union and Visa Debit Cards in
North America, Asia Pacific, Latin America, and Europe. Under the 7-year
agreement, they aim to improve customer experiences by integrating Western
Union with Visa Direct and issuing Visa prepaid cards in select markets.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Retail Investors Shift to Energy, Rare Earths, and AI Amid Tensions, eToro Finds
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
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FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters