Do you want to send money to Cuba and are unsure which bank can receive your transfer? Don’t worry – here you’ll find all the key information about the three Cuban banks that accept international transfers: BANDEC, BPA, and Banco Metropolitano.
Which banks accept international money transfers in Cuba?
Currently, only three banks in Cuba are authorized to receive international transfers. These institutions operate in MLC (Moneda Libremente Convertible) – a prerequisite for your family or friends to access the funds.
1. BANDEC – Banco de Crédito y Comercio
BANDEC has many branches across the country and allows transfers to both MLC bank accounts and MLC debit cards.
2. BPA – Banco Popular de Ahorro
BPA is especially strong in rural areas outside Havana and is a reliable option for recipients across the country.
3. Banco Metropolitano – for Havana only
This bank only accepts transfers for accounts located in Havana. It’s a good option if your recipient lives there.
More about Banco Metropolitano
Which bank is the right one?
The following table compares the most important features of each bank:
Important: The recipient must have a valid MLC account with one of these banks to receive your transfer.| Bank | Region | Receives MLC Transfers | Branch Network |
|---|---|---|---|
| BANDEC | Nationwide | ✔️ | Excellent |
| BPA | Nationwide | ✔️ | Good |
| Banco Metropolitano | Only Havana | ✔️ | Excellent (in Havana) |
How does Fonmoney help you send money?
With Fonmoney Cuba, you can send money to an MLC account in Cuba within minutes – securely, quickly and 100% online.
Send money to Cuba nowImportant: You only need the MLC account number and the recipient’s name.
