Western Union agencies like this one in Havana Cuba will now only provide remittance payments if theyre coming from the United States. HAVANA Cuba - US-based money transfer company Western Union will close its offices in Cuba following new sanctions from Washington which prevent it from working with Fincimex a financial company run by the islands military Havana said Tuesday.
Cuba Says Us Restrictions Will Force Western Union Offices To Close Limit Remittances The New York Times
Western Union suspended its operations across Cuba on Monday evening as new US sanctions kicked in cutting a key lifeline for many struggling Cuban families as.
Western union cuba news. Local keeping Cubans from being able to retrieve money sent from abroad through Western Union the main source of. People queue at a Western Union office in Havana as the US-based money transfer company shuts its offices in Cuba after new US. Western Union Remittances US Government Sanctions Cuba Disclosure The leader in blockchain news CoinDesk is a media outlet that strives for.
Sanctions to End Remittances Western Union Says Not So Fast More Odalys Paez sits inside a Western Union office to receive a remittance in Havana Cuba. Western Union is suspending US money transfers to Cuba due to new embargo regulations put in place by the Trump administration. 407 Western Union payment points will close in Cuba due to the brutal measures taken by the US Government against remittances.
The Western Union WU company the leader in remittances to Cuba could suspend financial transfers to the island from other countries except the United States as of February 26 according to the Nuevo Herald. A woman waits to be attended at a Western Union office on its last day of business in Havana Cuba Monday Nov. A spokeswoman for the US.
HAVANA Reuters - Western Union said on Friday it was suspending US. Sanctions thereby cutting off key remittances but the money transfer firm said it was. Money transfers to Cuba in 10 days due to the Trump administrations latest sanction on.
Cuba said late on Tuesday Western Union would have to shut down its operations on the island due to new US. Company told the publication that WU may lose its ability to operate money transfer services to the island due to the unique challenges of operating. A Western Union spokeswoman said the company was looking into the measure but could not immediately comment.
The financial services firm denounced in a statement that remittances to Cuba will be totally interrupted when the ban on sending money. LONDON Jan 19 Reuters - Western Union WUN is hopeful it will be able to resume offering money transfer services to Cuba as it looks forward to policy steps beneficial to the. Affairs of Cubas Foreign Ministry Carlos Fernandez de Cossio said on Twitter.
Government continues to act as a rogue state the general director for US. Franklin ReyesThe Associated Press. Meanwhile in Cuba independent media outlet 14ymedio reported that the anxiety generated by the news about Fincimex produced long lines to get money at Western Union offices in Havana.
FILE - In this June 12 2020 file photo people stand outside a Western Union in the Vedado neighborhood of Havana Cuba. MEXICO CITY In the face of widening American financial restrictions on Cuba more than 400 Western Union offices on the island will close Cuban authorities said a move that could severely. Cuba confirmed this week that the 407 Western Union offices will close due to the sanctions announced by the Donald Trump administration which prohibit the sending of remittances from the United States to the island through official channels.
This week Cuba announced the closure of more than 400 Western Union offices on the island a move that will eliminate most remittances and aggravate the. Cuba Says US. The Cuban Government announced Tuesday Oct.
B y Tom Arnold. Another example of the policy of maximum cruelty against the Cuban people and family even more so in times of the COVID19 pandemic. Restrictions from the Trump administration on the military-controlled operator that handles cash deposits will go into effect Monday at 6 pm.