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Bring a lot of cash. Because your American credit cards and debit cards won't work. Best if you have a foreign bank.
Don't bring US dollars. There's extra tax for currency exchange. Better to bring the Canadian dollar or better yet the Euro.
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Originally Posted by omakase
it's been a while since i went to havana on a service trip [no, not
that kind of service...]
but, i read the other day that the US Treasury will be issuing new regulations that will allow use of USA-based bank credit cards.
the deal on the exchange rate was - regardless of what currency you use, cuba takes a 10% exchange fee off the top. for US$, they took another 10%. [cos it was more difficult for them to exchange dollars on the intl currency market, or some such reason].
i looked into getting canadian dollars to avoid that. on 300$, i would have saved maybe 10-15$ total after US$ to CDN$ exchange.
bottom line for me, it wasnt worth it to do the CDN$ exchange before hand, so just paid the fees.
also know that there are two currencies in cuba - national money [Cuban pesos] and tourist money [CCD or "cukes"]. most tourist hotels and restaurants only take cukes, not pesos. and if they did, the exchange rate was 25 pesos per cuke, putting tourist locations out of range of most cubans' income. plus, cuban nationals werent allowed to stay or eat in tourist locations. my take was that the cuban govt wanted foreign currency. talk about economic apartheid.