September 2026Banking & foreign currency
New foreign-currency banking rules for private businesses
Status: PUBLISHED — IMPLEMENTATION DEVELOPING
- What changed
- New banking measures are expanding possibilities for Cuban private businesses to operate foreign-currency accounts and make permitted international payments.
- Who it affects
- Businesses · Importers · Investors · International suppliers
- What it means in practice
- Access to foreign currency and international payments is critical for importing equipment, supplies and services and for working with foreign partners.
- CPS note
- This does not mean unrestricted international banking. Actual banking access and international transfers remain subject to Cuban banking procedures, correspondent banking availability and international sanctions and compliance requirements.
Last verified: 15 September 2026