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US Dollars/Euro in cash won't be accepted
as a payment for any service (hotels, restaurants, taxis,
shops, cinemas ect) in the island. The CUC (Cuban Convertible
peso) can be acquired in any Exchange Houses available in
the country or in the Banks at the exchange rate of the day
After November 8th, this change of cash will have a tax
of 10%. When leaving the country, the remaining CUC can
be changed in the Exchange Houses available at the Airport
and won't be applied any tax for this. Any other currency
in cash, can be changed to CUC considering the current exchange
rate of the day, no tax will be applied.
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All payments in
USD by means, bank transfer or credit cards (not issued
by EEUU bank) will keep as it is now without any tax applied,
considering 1 USD = 0.82 Pesos Cubanos Convertibles (CUC).
Cuban pesos, or moneda nacional, can be used at local venta libre stores, cafeterias and street stands, cinemas, and many other businesses away from popular tourist destinations. Cadeca, with kiosks throughout Cuba, changes currency at fair rates.
Credit cards or traveller checks issued by US companies are not accepted. A Visa or MasterCard (or two) issued by a non-US bank is the way to go. |