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Western Union Expands Its U.S.-to-Cuba Remittance Pilot – Digital Transactions

Western Union Expands Its U.S.-to-Cuba Remittance Pilot – Digital Transactions
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Western Union resumes limited money transfers to Cuba

Western Union says it has resumed remittance services between the U.S. and Cuba in a limited capacity after two years of the essential economic lifeline being severed. The step could offer Cuban families key economic support during a time of record economic crisis in the Caribbean nation, one of a number of factors fueling a migratory exodus from the island. Western Union company stopped the money transfers in 2020 after then President Donald Trump tightened long-standing U.S. on Cuba. The Biden administration has loosed a handful of the Trump-era restrictions, including remittance payments, but has still left many in place. ....

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