Cuba Eases Rules on Foreign-Currency Bank Accounts for Private Businesses
4 Articles
4 Articles
New rules let private businesses deposit foreign currency and make overseas payments for imports
HAVANA – The Cuban government issued new rules that land some of the 176 economic and social transformations approved in June, and seek to attract foreign investment in a scenario where U.S. pressures have been stamping the island’s biggest trading partners for months. On Thursday, [...]
Cuban Regime Allows Private Businesses to Receive Cash in Foreign Currency and Deposit with the Bank
The regime authorizes private businesses to receive cash in foreign currency and deposit it in bank accounts, according to two resolutions published in Official Gazette No. 76 of 2026.
The new rule eliminates prior permission to open accounts abroad and makes financial transactions more flexible with the outside world
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