Remittances broke a record in February and linked 46 months of growth

Remittances broke a record in February and linked 46 months of growth

Mexico City. Remittances continue to rise compared to last year, when they reached a record level. In February 2024, 4.51 billion dollars in family transfers entered Mexico, an increase of 3.75 percent compared to what was registered in the same period of 2023, when these resources ended with an unprecedented balance. However, due to the … Read more

The Cuban military tries to regain control of remittances

The Cuban military tries to regain control of remittances

Havana/The regime took another step this Wednesday in its attempt to capture a greater amount of foreign currency. The Classic card, issued by Fincimex, the financial wing of the military conglomerate Gaesa, will be able to receive remittances from any country through the Tocopay application, based in Bilbao, Spain. Fincimex too advertisement days ago the … Read more

“We will have to wait until April 1 to resume the remittance service to Cuba”

“We will have to wait until April 1 to resume the remittance service to Cuba”

Western Union plans to resume remittance service to Cuba starting April 1. It is the date they gave to 14 intervene in calls to two different financial offices in the United States, one of them the headquarters. The employees could not answer why it will take so many months to restore the transfers. “There are … Read more