Informative Note of the Central Bank of Cuba

Informative Note of the Central Bank of Cuba


Wednesday, August 10, 2022

As explained last Wednesday, August 3, by the Minister President of the Central Bank of Cuba at the Round Table, on Thursday, August 4, the implementation of the purchase operations of foreign currencies currently accepted in the country began, in the network of offices of banks and CADECA, with a new exchange rate.

In this sense, it is reported that as of today, Tuesday, August 9, operations begin through ATMs and point-of-sale terminals located in banks, CADECA, and businesses that currently offer their products and services in CUP.

Through these two electronic payment channels, the RED system cards associated with the products in MLC, issued by the Banco de Crédito y Comercio, Banco Popular de Ahorro and Banco Metropolitano, may carry out operations, except those associated with legal persons of the Forms of Non-state management, as established in Resolution No. 222 of September 6, 2021 of the Central Bank.

In addition, they will be able to operate the VISA and MasterCard cards that are accepted in the country for the extraction of CUP and the purchase of products and services in stores authorized in this currency.

Work continues on the implementation of other options in ATMs and other electronic payment channels, so that the National Payment System incorporates operations with the new exchange rate.

(Taken from its official site:

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