U.S. flag

An official website of the United States government

742. Are financial institutions other than banks permitted to open correspondent accounts in Cuba?   

Answer

Depository institutions, as defined in 31 CFR § 515.333, which include certain financial institutions other than banks, are permitted to open correspondent accounts at banks in Cuba. See 31 CFR § 515.584(a).

Date Released
September 23, 2020