Currency management for an American in Cuba

[GotaCohiba]

1 minute ago, JY0 said:

Oceana. 8 days from Miami.

Thanks

[JohnnyO]

There is a bank in Miramar in 0 y 0 (zero and zero) that changes US travelers checks and takes out less 6-8%. Problem is its a M-F, 8-12pm thingy. Gotta stand in line 20-30 mins. But if you are changing out large amounts it might help. John

[ElJavi76]

I intend to travel in July to Habana and PdR (hometown). So would I benefit to get CAD here at my bank and trade it over there? I might be able to get some black market exchanges once I hit PdR with family knowing people around town that exchange currency. I've heard of 95 CUC for $100 USD. They particularly want bigger bills $50s and$100 dollar bills. From what my mom told me, they sent those bigger bills abroad. (i.e. Venezuela) 

Personally I'm skeptical and if it sounds too good to be true it usually is. I'm going with wife and 3 kids. Not sure someone is gonna have 6k to swap with me or if I want anyone knowing im carrying large sums of USD. Thoughts?

[bugman78629]

I just got back this past August, and I kept my receipt for threads like this..... 

 

 

[bugman78629]

We had to complete this form 10 prior to landing..... 

 

 

 

[bugman78629]

Here is another form we had to complete prior to landing.....