According to reports, the United States government has just relaxed the restrictions for sending remittances to Cuba by granting the Miami-based VaCuba agency, from Miami, permission to operate with Cuba\u2019s Orbit S.A. the sending of foreign currency to the island.<\/p>\n
\u201cWe have received authorization from the Office of Foreign Assets Control (OFAC) to operate with Orbit S.A., which allows us to send remittances<\/a> to the cards in freely convertible currency of Cuban banks with a 7% fee on our website,\u201d said Heder Mart\u00ednez<\/strong><\/a>, general manager of VaCuba.<\/p>\n It was also announced that VaCuba will charge each client 7 dollars for every 100 that they send to the island, a modest rate considering that right now Cubans in the United States have to pay in the informal market around 30 dollars for every 100 that they send to their relatives.<\/p>\n In February 2022, the Cuban government authorized Orbit S.A. to operate to work with remittances. A resolution published in the Gaceta Oficial<\/em>\u00a0 announced that it was given authorization to \u201cmanage and process international transfers from abroad to Cuba.\u201d<\/p>\n