12 Ways to Send Money to Cuba
Introduction:
Sending money to Cuba can be a challenge due to political restrictions and limited financial infrastructure. However, multiple options exist to help you support family and friends in Cuba. In this article, we will explore 12 ways to send money effectively and safely.
1. Western Union
Western Union is one of the most popular and widely available money transfer services globally. You can send money online or visit their agent locations worldwide.
2. MoneyGram
MoneyGram is another reliable international money transfer service provider. With thousands of agent locations around the world, they offer fast service and competitive exchange rates when sending money to Cuba.
3. Ria Money Transfer
Ria Money Transfer is an excellent option if you are looking for low-cost transfers. Their fees are quite competitive, and you can arrange for cash pickup or bank deposit in Cuban pesos.
4. WorldRemit
WorldRemit provides an efficient way to send funds using your smartphone or computer. Their online platform enables fast transfers to Cuba in either US dollars or Cuban pesos.
5. Small World FS
Small World FS allows you to send funds via their website or mobile app, offering various payout options such as bank deposit, cash pickup, and mobile wallet top-ups.
6. Remitly
Remitly specializes in providing secure online money transfers to developing countries like Cuba. They offer affordable fees and competitive exchange rates for USD-to-CUP transactions.
7. Fonmoney
Fonmoney facilitates sending money to Cuban cell phones as refills, enabling your loved ones to receive much-needed communication credit easily.
8. Paytop
Paytop offers both cash pickup and direct bank deposits when sending money to Cuba, as well as clear fee structures based on various amounts sent.
9. Xoom (Owned by PayPal)
Part of the reputable PayPal company, Xoom provides an efficient method for sending funds electronically within minutes, with direct deposit and cash pickup options available.
10. AisRemesasCuba
AisRemesasCuba is a money transfer service specifically designed for the Cuban market. They offer various payout options and competitive exchange rates.
11. Sendvalu
Sendvalu is another online platform that enables quick and easy money transfers to Cuba, while supporting family members with bill payments or topping up mobile phones.
12. TransferWise
Though not available to send money directly to Cuba, TransferWise can facilitate transferring money into your Cuban family member’s friend’s or relative’s account in another country before they head to Cuba. This option avoids hefty fees and poor exchange rates typical of other transfer methods.
Conclusion:
Each of these 12 methods offers a viable way to send money to Cuba. Consider factors like speed, fees, and convenience when choosing the best option for you and your recipient. Always ensure you comply with US government regulations when transferring funds to Cuba.