{"id":208042,"date":"2019-10-23T08:43:46","date_gmt":"2019-10-23T12:43:46","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=208042"},"modified":"2019-10-23T08:43:46","modified_gmt":"2019-10-23T12:43:46","slug":"cubans-can-now-get-debit-cards-for-new-foreign-currency-accounts","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/cubans-can-now-get-debit-cards-for-new-foreign-currency-accounts\/","title":{"rendered":"Cubans can now get debit cards for new foreign currency accounts"},"content":{"rendered":"

The main Cuban banks\u2015Metropolitano, Popular de Ahorro and Cr\u00e9dito y Comercio (Bandec)\u2015this Monday started offering individuals the service of opening accounts in foreign currencies, as part of the new <\/span>economic measures<\/span><\/a> announced by the island\u2019s government to boost its economy.<\/span><\/p>\n

The banking entities will issue debit cards that will allow their users to import non-commercial products and buy from stores in the retail network where the use of cash will not be allowed, <\/span>according<\/span><\/a> to the Cuban News Agency (ACN).<\/em><\/span><\/p>\n

To open the new accounts, individuals must only present their identity card at the commercial offices of one of the mentioned banks. After that operation, the users in Havana and the provincial capitals must wait three to seven days to receive the debit card, and up to 10 days if they carry out the procedure outside those cities.<\/span><\/p>\n

https:\/\/twitter.com\/BancoCentralCub\/status\/1186311515189719042?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1186311515189719042&ref_url=https%3A%2F%2Foncubanews.com%2Fcuba%2Fcomienza-habilitacion-de-tarjetas-magneticas-en-monedas-libremente-convertibles-para-cubanos%2F<\/p>\n

The currencies in which deposits can be made for this new service are: US dollars, euros, pounds sterling, Canadian dollars, Swiss francs, Mexican pesos, Danish krone, Norwegian krone, Swedish krona and Japanese yen.<\/span><\/p>\n

Funds may also be received through transfers from abroad, including remittances, or from other foreign currency accounts, ACN<\/em> added.<\/span><\/p>\n

The accounts may be operated individually or by more than one holder, who must be present at the opening of the account and each will receive their own debit card.<\/span><\/p>\n

To open the accounts, a minimum balance is not necessary and interest rates are not calculated or applied. The cards can be used in stores that will be set up for the sale of various products in foreign currency and for the import of products through foreign trade state enterprises.<\/span><\/p>\n

Gobierno cubano habilitar\u00e1 tiendas para la venta en d\u00f3lares y otras divisas<\/a><\/p><\/blockquote>\n