Are American Express travelers checks accepted in Cuba?

Question: Are American Express travelers checks accepted in Cuba?

Answer: In a June 2011 phone consultation with Cuba’s Banco Financiero Internacional, S.A. (BFI) – one of the country’s main banks with branches located throughout the country – they said that American Express Travellers’ Cheques are accepted in Cuba as long as they are payable against banks that are not based in the United States.

Apparently recent posts from some UK and Canadian websites are saying that this is not the case, but the above information from Cuba’s banks is what counts.

Note: To use your American Express traveller’s cheques – or ANY traveller’s cheques – in Cuba, it is required that you have the receipt showing that you purchased them, and that this receipt indicates the number series of your cheques. Without this receipt, you will not be able to use your cheques in Cuba.