Can I exchange Canadian Travellers Cheques at the banks in Cuba?

Question

I do not wish to carry a lot of money with me and I usually take traveller's cheques to Mexico no problem. I'm not worried about cashing them in the shops - just banks or exchange houses. Has anyone had any problems with this? Thank you!

Answer 1

It won't be a problem just be sure they aren't American Express but drawn on a Canadian bank.  You will be able to change them at your resort.

Answer 2

You can do this but just remember that most banks, CADECA offices, hotels, and businesses charge commissions of between 1% and 5% for cashing traveler's cheques.

Otherwise, it won't be a problem.

And of course, make sure that your CAD cheques are either VISA or MasterCard (and nothing else that would be from a US based financial institution)...(some have had trouble getting Thomas Cook cheques.)

Answer 3

Yes , but....

Be sure they are not issued by an US American bank.

I used Thomas Cook traveller cheques, they are accepted

but only in banks or CADECA ( official state exchange offices) . I don't use them anymore , it's not cheap and have had problems with the signature, they compared the signature on my passport with the signature on the cheques , there was a slight difference , they finally accepted the cheques, therefore always take enough cash with you for a few days.

I advise you to take one third in cash, one third in traveller

cheques and one third depending on your Visa creditcard.

( also not issued  by a US bank)

Havanalover

http://www.havana-guide.com