Can Travelers’ Cheques be exchanged in Cuba?

Question: Please, tell me if Travelers’ Cheques issued by American Express can be exchanged in any branch of the Banco Financiero Internacional, and what is the percentage for exchange.

Answer: The main branch of the Banco Financiero Internacional in Vedado says that all travelers’ cheques, including those issued by American Express, may be exchanged at any branch of their bank anywhere in the country. The commission is 13.78% on top of the normal exchange rate applied to the particular currency of the Travelers’ Cheques.

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