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Cuban Financial System Offers New Services |
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Monday, March 30, 2020
Havana.- The Cuban financial system has announced new public services, aimed at encouraging the expansion of e-commerce in the country.
One case in point is the People’s Savings Bank, which has designed a new policy allowing holders of bank accounts with a six-year fixed-term deposit may collect savings interests every 30 days.
In addition, those willing to replace old refrigerators for new ones, may request the bank for a figure equivalent to the total price of the equipment.
Bearers of national currency electronic cards, whether for pay, pension or Cubans working in missions abroad, on the other hand, will be benefitted with virtual fixed-term deposit accounts starting at one year.
This procedure will be carried out through e-banking, whether via internet or intranet, with an initial amount of 500 pesos, allowing the cardholder or its beneficiaries to withdraw monthly interests from their savings.
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