The British Small World suspends sending remittances to Cuba from Europe

The British Small World suspends sending remittances to Cuba from Europe
The British Small World suspends sending remittances to Cuba from Europe

Havana/Remittances that were sent to Cuba from Europe through Small World Financial Services have stopped. Since 2011, the British company was dedicated to sending remittances to the Island.

This was reported by Fincimex through a statement that was released this Friday on all its social networks, and which in turn was replicated by the profiles of some Cuban banks, such as Metropolitano, in Havana.

The financial entity belonging to the Cimex Corporation indicated that so far they do not have an official statement from Small World that details the causes or the extent of the interruption in its operations.

There is also no statement from its press team on the English company’s website. However, some local media have echoed the news confirming the cessation of operations. If you try to send money to Cuba from the Small World portal, a legend appears that warns “country not available.”

Small World operations to Cuba are not available
/ 14ymedio

Fincimex explained that “they will keep consumers informed about any news of interest” in relation to the interruption of operations by Small World, which it described as “unexpected.”

“This financial service was in high demand from Europe, due to its stability, security and immediacy. “It is specified that there are no operations in transit or pending at the time of closing of the operations,” the statement details.

Fincimex recommended looking for other alternatives for sending remittances from Europe

Given the situation, Fincimex suggested senders from Europe use other official channels to send their remittances to Cuba. He mentioned some services such as tocopay.com,grupotitanes.com, moneyexchange.es and fonmoney.com through oceancard.com. He added that “these channels guarantee direct remittances to bank accounts, Classic cards and AIS in just 7 minutes and with competitive prices.”

At the beginning of May, after remaining inactive for a few months, the remittance service to Cuba from the United States by Western Union was resumed “with immediate effect,” as the financial company explained, “in coordination with its counterpart, Orbit SA.” .

At the end of that same month, Western Union announced its partnership with the virtual shopping site Katapulk, owned by Cuban-American Hugo Cancio, owner of the Fuego group of companies. In a statement, the American financier explained that the reason behind the union is to create “an additional channel to send money to close relatives in Cuba” and “offer its clients a first-class experience.”

 
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