Cuba to foreign tourists: “We no longer accept dollars”

Source: BANKAR Monday, 21.06.2021. 08:48
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Cuba has asked tourists not to bring dollars with them to the Caribbean island, as the US currency will no longer be accepted in the country

– People who will be coming into the country during this time will have to arrive with a currency other than the dollar – said the first vice president of the Central Bank, Francisco Mayobre Lence, as quoted by Granma, the official newspaper of Cuba’s ruling Communist Party, Russia Today reports.

Tourists will be allowed to use cards for payments, as well as make cash withdrawals in other currencies.

Earlier that week, the Cuban government announced that the country’s banks would temporarily stop accepting cash deposits in dollars. Havana cited severe US sanctions that prevent the nation from using the greenback abroad as the reason for the move.


Both measures come into effect on June 21, and the duration for which they will remain in force depends on the lifting of US sanctions, according to the bank.

More than 20 banks have ceased processing transactions involving Cuba since former US president Donald Trump expanded existing sanctions on the nation.

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