People queue outside a bank in Havana on June 3, 2026.
Visa and Mastercard payments in Cuba will be suspended from June 7, 2026, after US sanctions prompted a foreign bank to sever ties with a financial institution, Cuba's central bank said on June 3. (Photo: AFP)
June 3, 2026
US sanctions interrupt Visa, Mastercard payments in Cuba — central bank
HAVANA, Cuba (AFP) — Visa and Mastercard payments in Cuba will be suspended from Saturday after United States (US) sanctions prompted a foreign bank to sever ties with a state-backed financial institution, Cuba’s central bank said Wednesday.
“On June 2, we received a communication from the foreign bank that processes transactions carried out in Cuba using Visa and Mastercard, informing us of its decision to terminate its relationship with Fincimex SA,” the central bank said in a statement.
Fincimex is the financial arm of Cuba’s US-sanctioned military conglomerate GAESA.