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American Express will begin soon its transactions in Cuba

American Express will begin soon its transactions in Cuba
The American company American Express is requesting authorization from the Treasury Department of the United States to operate in Cuba through their cards, like Mastercard, although there isn´t yet a date set to begin with the operations in the island.

Many American companies have expressed their agreement with the new policies set out in the talks between Presidents Obama and Castro last December 17th, including this card company considered the largest in United States with this kind of operations.

Pending a final date for the opening of bank transactions with credit and debit cards Mastercard and American Express and a full opening of commercial relations between the two nations, companies in Cuba ensure the technical potential and the necessary terminals to guarantee the successful development of these operations.

The year 2015 promises a normalization of relations between the two states, which will result in an increase between bilateral agreements on trade, tourism, telecommunications and other industries, a fact for which undoubtedly will need to be prepared and have stable financial structure between the two nations, separated for more than 50 years of history.

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