Russian payment system to start operation in Cuba soon

Ambassador says Mir will help Cuba counter effects of embargo

cuba map 163113484

Cuban authorities are finalising arrangements to extend the Russian Mir payment card system to their country.

Russian ambassador Andrei Guskov said: “On the Cuban end, the work to put the Mir payment system into operation is almost concluded.”

Guskov said Mir would help Cuba circumvent the effects of the decades-long US embargo by creating “links that evade the financial organisations of unfriendly states”. It would also attract more Russian tourists to Cuba.

The Bank of Russia established

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account