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Weekly report on Cuba's tourism industry
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Cuba's Banking System Installs New Type of ATM Terminals
Monday, January 22, 2018



Havana.- Banco Metropolitano, based in the Cuban capital, has installed a new type of ATM terminals that allows users to deposit cash in Cuban pesos.

So far, seven such ATMs have been installed, thus allowing reducing the frequency to replace cash, as the equipment uses the money deposited by clients.

In addition, users can get a rapid and efficient service without having to go to a bank teller to withdraw and deposit money.

According to statistics from the Central Bank of Cuba, there are 920 ATM terminals throughout Cuba, and most of them have been installed in Havana, where there are 527. Besides, 3.8 magnetic cards have been issued.

The active magnetic cards issued by Banco Metropolitano total 1.9 million and they operate in Cuban pesos CUP) and convertible pesos (CUC).



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