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MIAMI - Financial services company Western Union has suspended money transfers to Cuba after the U.S. State Department reinstated sanctions on Cuban military-run businesses, a move that is already ...
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Regtechtimes on MSNRemittance Crisis: Western Union’s Shocking Halt on Cuba TransfersWestern Union, one of the largest money transfer services in the world, has indefinitely suspended its remittance services to Cuba. The decision was made due to new U.S. regulations that restrict ...
Several years into a recession, Cuba faces chronic shortages of food, medicines and essential goods, and a crippled ...
Following the change in policy, Western Union, which facilitated remittances to Cuba from thousands of location in the the U.S., suspended the service in February. The World Bank, which tracks ...
Travel agency Cubamax, based in the United States, has announced the suspension of its money transfer services to Cuba. This ...
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