How does Cadeca facilitate the process of monetary unification? (+ Videos)> Cuba> Granma

The provision of services in Cadeca units has also increased as part of the money ordering process, and their active participation may alleviate the demand from bank branches.

The president of this entity, Joaquín Alonso Vázquez, said in an interview with Ràdio Rebel that all the facilities are committed to receiving the convertible weights that the population has in its possession.

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People who go to the bank and see that there is a queue can go to Cadeca, he said, while explaining that the transaction is very fast, and have a system of replenishment of cash, through the Sepsa company, which allows you to make decisions and keep the service unaffected.

Regarding the purchase and sale of freely convertible currency (MLC), Alonso Vázquez commented that the benefit is maintained, but with the drastic decrease in the entry of tourists into the country, the possibilities of selling MLC have also decreased. That is why, he pointed out, we have had to concentrate on selling to those passengers who are going abroad and who need to reschedule; that is, to sell us the convertible pesos or pesos they acquired when they entered.

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We are only giving the spare part service, which is the sale operation by Cadeca of MLC to passengers leaving the country, and limited to a maximum of 7,200 pesos, which was previously 300 CUC, he said.
According to the president of Cadeca, these facilities also participate in the receipt of deposits from entities to prove their accounts and payment to retirees, such as the collection of taxes.

Faced with a scenario of monetary order, it transpired that this entity is working to continue expanding the range of services it offers to the population, entities and new forms of non-state management.

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