Among the affected entities is FINCIMEX, the Havana-based financial company that processes money transfers to the island.

Among the affected entities is FINCIMEX, the Havana-based financial company that processes money transfers to the island.

The money-transfer company's move came after the U.S. State Department last week renewed sanctions against the island nation.

Western Union has indefinitely suspended money transfers to Cuba citing new US sanctions that are likely to further undermine ...

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