Retirees in the east of Cuba start collecting their pensions with magnetic cards

A year after Banco Popular de Ahorro de Cuba announced the payment of pensions to retirees using magnetic cards, this facility landed in a few places in the east end of the island. Island, reports the newspaper. Local Venceremos

According to the above-mentioned media, as part of the company's computerization process, retirees from the Centro y Centro Oeste People's Council of the city of Guantánamo started to collect retreat in June by magnetic cards.

Aymé Cobas Urgellés, Ahorro Banco Popular (BPA) communications specialist in the province, said magnetic cards will be delivered to retirees when they renew the checkbooks for the remaining months of 2018 and 2019

The official also said that pensioners who fail to collect the cards and the pin must do so at the headquarters of the National Institute of Social Security (INASS), the municipality of Guantanamo, before the beginning of the payment of the pension. After these days, it is necessary to look for them at the BPA branch.

Retirees can collect directly at the ATM or do it by means of the balance booking, which involves contacting the commercial specialist, who will provide a coupon with the amount Cobas Urguellés will explain that the payment will be made in cash in the hands cashier online.

Similarly, they can collect the withdrawal via the points of sale located in banks and foreign exchange houses (CADECA). The specialist also pointed out that if these cards are used to pay in foreign exchange stores, they will be reduced up to 5% of the cost.

The BPA, he said, will have a specialist to clarify and badist retirees who, because of the generational gap with respect to new technologies, have doubts or difficulties in managing the ATM.