Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 66.7% of Cuba to the United States searches in the last 6 months, and was the top rated company out of 3 that support CUC to USD.
So for a great blend of cost, speed & features, make your Cuba to the United States transfer using Wise.
How to to send from Cuba to United States in the best way
Get the most from sending money from Cuba to United States
Comparing providers offering services between Cuba and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire CUC-USD market and have compared 3 providers offering services between Cuba and the United States.
This ensures you will get the most comprehensive options for sending Peso Convertible to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Cuba to the United States transfer needs.
Cheapest way to transfer money from Cuba to United States: Wise
Data collected over the past six months shows that Wise is 2.2% cheaper than the second-best option.
This includes an average transfer fee of 14.92* CUC an exchange rate for buying US Dollar with Peso Convertibles that is 0% different to the mid-market rate.
If you want to secure the best rates on transfers from Cuba to United States, Wise will result in the most US Dollar received.
*The most common fee applied to CUC-USD by Wise, based on data from the past six months.
Fastest money transfers to the United States from Cuba: Wise.
Through our comparison, we found Wise to be the fastest option for sending Peso Convertible to US Dollar 45.7% of the time. For fast transfers between CUC and USD, Wise is a great option.
When sending money from Cuba to the United States, Wise has an average fee of 9.9 CUC. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 3 money transfer providers offering Cuba to the United States transfers for overall speed. This included transfer times to after depositing Peso Convertible to a money transfer account.
When you want the fastest way to send, Wise is our recommended choice for Cuba to the United States transfers.
Sending large sums of money?
Of the 3 companies tested, Wise is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to United States from Cuba can be expensive.
Wise is our choice for big transfers to CUC because of all round price, speed and management when making large transfers.
Understanding the cost of money transfers from Cuba to United States
The total cost of sending money to United States from Cuba is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for CUC-USD is 1 USD per Peso Convertible.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Peso Convertibles.
Over the last three months, the average CUC-USD mid-market rate has seen each Peso Convertible worth 1 USD. Within this we see a high of 1, and a low of 1.
Of the 3 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CUC to USD.
Fees: When sending money you may have to pay fees. Instarem has had an average fee of 14.92 CUC per transfer over the last 6 months, the lowest of the 3 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Cuba.
Track the exchange rate for Peso Convertible to US Dollar
Sending money at the right time between CUC and USD can make a huge difference to overall cost. The exchange rate impacts how much USD you get for your CUC.
Over the last six months, the average numbers are:
The exchange rate from CUC to USD averaged 1 USD.
The highest value recorded was 1 USD, while the lowest was 1 USD.
3 providers currently offer transfers between Cuba and the United States close to this rate
Want to secure the best CUC-US Dollar exchange rates?
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How to pay for money transfers between Cuba and United States
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Cuba.
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 Cuba to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CUC to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.