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Cuba temporarily suspends cash bank deposits in U.S. dollars

mesa redonda

As a result of measures associated with the asphyxiating U.S. blockade of our country, the Central Bank of Cuba announced the temporary suspension of cash deposits of U.S. dollars in Cuban banks, as of June 21, 2021. “This is a measure meant to protect the Cuban banking and financial system, which applies only to U.S. currency in cash, not existing accounts in this currency. Deposits of U.S. dollars in accounts held by individuals and legal entities are not affected by this measure in any way,” the Central Bank announcement states.