Overall best way: Wise
We tested & reviewed 5 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 99.4% of United States to Cuba searches, and was the top rated company supporting payments the United States into Peso Convertible.
So for a great mix of cost, speed & features, make your United States to Cuba transfer using Wise.
Compare for the best deal on your United States to Cuba transfer
Considerations ahead of sending money from United States to Cuba
A comparison of providers offering services between the United States and Cuba, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 5 providers that provide services for sending US Dollar to Cuba. This ensures you will get the best options for your transfer to Cuba from the United States.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United States to Cuba.
Cheapest way to send money to Cuba from the United States: Wise
They offer an average fee of 31.22* USD and exchange rate between USD-CUC that is 0% different to the mid-market rate.
In comparison, Wise is 0% cheaper than the second-best option.
To secure affordable and great rates on a USD to Cuba transfer, Wise is our recommended choice.
*The most common fee applied to USD-CUC by Wise, based on data from the past six months.
Fastest way to send money to Cuba from the United States: TropiPay
Our comparison shows TropiPay is the fastest option for sending US Dollar into Peso Convertible 45.7% of the time. For urgent USD to CUC money transfers, they’re our recommended choice.
A USD-Peso Convertible transfer through TropiPay comes with an average 18.64 USD fee.
To ensure TropiPay was the 'fastest' option we compared 5 providers. This comparison was for overall speed of sending money from the United States to Cuba and is a combination of depositing US Dollar, transfer times to Cuba and withdrawal timeframes where applicable.
When speed is a priority, TropiPay is the top choice for sending into Cuba from the United States.
Send large sums of money
From the 5 options we compared, Wise offers the strongest all round option for large transfers to Cuba from the United States.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Peso Convertibles to Peso Convertible.
As such, we recommend Wise for large transfers between Cuba and the United States.
Understanding the cost of transferring money from United States to Cuba
The total cost of money transfers from United States to Cuba is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for USD-CUC is currently 1 CUC per US Dollar. Providers offering services closer to this rate will ensure more Peso Convertible for your US Dollars.
To give a historic average, over the last three months the USD-CUC mid-market rate has been 1 CUC per US Dollar, this has had a high of 1 and a low of 1.
From the 5 companies compared, Wise offers the best exchange rate on transfers to Cuba and the United States.
Generally, the exchange rate you receive on converting USD to CUC will be the biggest factor impacting the cost of sending US Dollars to Cuba.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Wise at an average of 31.22 USD per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Peso Convertible. Simply, the higher the amount received in the United States, the lower the cost of sending from Cuba.
How to find the best exchange rate for US Dollar to Peso Convertible
Timing is essential for sending money between USD and CUC. The exchange rate you secure impacts how much CUC you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to CUC has seen some fluctuation. On average, it stood at 1.
During this period, the highest value recorded was 1, while the lowest was 1.
Wise, which is our recommended service to send money online from United States to Cuba offers an exchange rate that is only 0% above the mid-market rate.
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United States to Cuba money transfer payment methods
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Cuba and United States.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United States to Cuba.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to CUC.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.