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Money transfer institutions and companies from 14 countries attend the first International Money Transfer Conferences (IMTC), which takes place this week in Havana.
The First Vice President of the Central Bank of Cuba, Irma Margarita Martinez, said that this event is part of the process of normalization of relations between Cuba and the United States.
IMTC Cuba 2016 conferences: ‘A global overview of remittances’, ‘Latin America and remittances’, ‘Regulation of the financial sector and the transfer companies from the United States’, and ‘Financial relation between United States and Cuba and its continental influence’.
Our main objective of this one-of-a-kind historic event is to explore remittances and its link to financial services in Cuba, as well as migrant services, looking at the past to understand the present & analyzing what the future will bring. We want to witness the transformation first hand, from the role of the banking sector, the emerging non-bank financial sector, the present and the future importance of remittances, the foreign exchange market to the card and mobile financial services developments in the island. We are grateful to Banco Central and Fincimex for their help and to our event manager.