Cuba Currency & Money Guide

Banco Metropolitano S.A. was set up in June, 1996, as a joint stock company, inscribed in the Central Register of Corporations (Book 138, Folio 100, Page 9952) and in the First Trade Register of Havana (Book 1192, Folio 100, Page 16785), and was granted a Licence by Banco Central de Cuba under Resolution No. 21, of 1997.

The main services provided by the bank are the following:

• Current and savings accounts in national currency and in freely convertible currency.
• Certificates of deposits and fixed term deposit accounts in freely convertible currency.
• Payment and sale of national and international traveller’s checks and credit cards.
• Automated teller machine service, 24 hours a day, in three of its offices.
• Private codes for clients to handle their accounts from other localities in the national territory or abroad without additional cost.
• Direct payment of domestic invoices of clients from their accounts.
• Cash service on Saturdays from 8:30 A.M. to 3:30 P.M.
• Delivery of daily statements of accounts by fax or electronic mail without additional cost.
• Letters of credit, bill discount and collection, renting of safe deposit boxes and other operations related to its clients, permissible under the law.

The main objective of the Bank is providing services to embassies and foreign entities based in Cuba as well as to their officials, employees and to the population in general.

The clients of Banco Metropolitano, S.A. may receive the services required by them at the offices in 5th Avenue and 112, Playa; Línea and M, Plaza; and San José and Monserrate, Old Havana.

It has a large network of correspondent banks in the national territory and abroad and the tariffs for the services it offers compete with those of other banks in the market.