Foreign policy changes announced last December 17, 2014 by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury now allow Banco Popular de Puerto Rico customers to use their MasterCard credit cardat authorized points of sale and cash withdrawal terminals (ATMs) in Cuba.
What you must do before you can use your Banco Popular MasterCard® when traveling to Cuba
If you don’t have a Banco Popular MasterCard,
click here or call us at 1.888.724.3653 for more information.
Before your trip, you must complete and sign the
Cuba Travel General License Compliance Declaration and email it to firstname.lastname@example.org.If you don’t have email access, you may deliver a hard copy of the signed document at any of our branches. This document certifies that the purpose of the trip falls under one of the 12 categories authorized by U.S. regulations. If the use of your credit card is authorized, it will be enabled to be used in Cuba within the next working day (Monday to Friday from 8:00 AM to 5:00 PM) following delivery of your declaration. You will not receive a confirmation. If the use of your credit card is not authorized, one of our representatives will contact you within the aforementioned period. Each cardholder that will travel to Cuba must complete the form individually. In other words, if your account has an authorized cardholder or a co-signer who intends to use his/her credit card during the trip, he/she must complete and sign a separate declaration.
For more information about the changes published by the U.S. Department of Treasury and the U.S. Department of Commerce in relation to the still enforced Cuba Sanctions Program (Cuban Assets Control Regulations),
Travel categories allowed by law for U.S. citizens
One of the most significant changes is the issuing of a general license for
12 existing travel categories allowed by law, subject to certain conditions.
The 12 categories are:
- Family visits
- Official business of the US government, foreign governments, and certain intergovernmental organizations
- Journalistic activities
- Professional research and professional meetings
- Educational activities
- Religious activities
- Public performances, clinics, workshops, athletic and other competitions, and exhibitions
- Support for the Cuban people
- Humanitarian projects
- Activities in Cuba by private foundations, or research or educational institutes
- Exportation, importation, or transmission of information technologies or materials
- Certain authorized export transactions
Please be aware that
tourism is not one of the 12 authorized categories and therefore you are not authorized to use your MasterCard in Cuba for this purpose.