dominican republic

How to send money to the Dominican Republic

The safest and most cost-effective ways of sending money to friends and family in the Dominican Republic from New Zealand.

The Dominican Republic has seen well over the 5% margin in its year on year growth over the past few years and latest GDP almost at USD$70 billion.

Compare Money Transfer Services

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 0 1 day NZD 0.00 33.411 DOP
334,111
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
NZD 0 Within an hour NZD 3.99 33.243 DOP
332,302
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
NZD 2,000 2 days NZD 0.00 33.401 DOP
334,011
Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
Go to site Show details

Compare up to 4 providers


The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

Back to top

How do I compare transfer companies when transferring money between the Dominican Republic and New Zealand?

  • Exchange rates. When comparing exchange rates, take note that the rates are subject to change in a short amount of time. Therefore, compare the narrowed down list of companies at the last possible moment that you are deciding which to choose for the final step.
  • Pickup methods. Cash pickups can be sent to an agent location or in some cases to a home address. If money is sent to a bank account in a foreign currency it can save costs but create delays in sending time.
  • Fees. Fees range between variables like time, method and minimum or maximum amounts. Remember that low fees aren’t everything if it means sacrificing time, beneficial exchange rates, and customer service.
  • Bank to bank benefits. There are no clear indicators of bank to bank benefits between the two countries, and although Citibank notes its reach into the Dominican Republic, it doesn’t list exact benefits. Read through the basic benefits of having an account with Citibank and whether it can be used with another personal account that is yours in the Dominican Republic.
  • Turnaround time. Turnaround times for the available services range from minutes to days. Cash pickups are your best bet when it comes to emergency transfers.
  • Transfer methods. If you don’t have a lot of flexibility in time, agent or phone options will be difficult. Look out for companies that allow you to not only book on the phone or through an agent, but also online with a personal account.
  • Transfer options. The companies below range between the following options: regular payments, once-off payments, market orders, and forward contracts.
  • Minimum/maximum transfer amounts. Keep in mind that it might have a lower maximum and a limit on what you can send per day.
  • Customer service. The companies below have a track record of supportive customer service and making the process of sending money more user-friendly. It is advised to get on a phone or visit an agent location when you are extremely uncomfortable with the process and let customer service help you through it.

How do I send money to the Dominican Republic?

  • Money transfer service – Use Compass Global Markets, Moneygram, Western Union, WorldFirst Foreign Exchange and Xpress to send money to an agent for cash pickup or to a bank account in the Dominican Republic.
  • Banks – Citibank supports the DOP currency and can send money to an individual’s bank account in the Dominican Republic.
  • Paypal – This service can be used to send money to the Dominican Republic in supported currencies like the USD that will need to be taken to a local exchange bureau to be exchanged for the local DOP as USD are not accepted everywhere.
Back to top

How can you receive money from the Dominican Republic in New Zealand?

Send capital gains or excess money back to New Zealand using Paypal and the money transfer services mentioned above. They will either need to take cash to one of the agent locations specified below in the article or do an online transaction with an online account and pay with a Mastercard or Visa card.

What are the options for emergency cash transfers in the Dominican Republic?

Emergency cash transfers can be important in the Dominican Republic for the couple for two reasons. The first is for any unexpected business needs that arise whilst you are setting up operations in the surrounding areas of Santo Domingo and for which a recurring payment will take too long to solve.

The second reason is for cases of theft or crime where money or other valuable items are stolen from you and inhibits your daily life in the Dominican Republic. To cover these two potential situations, you identified that Moneygram, Western Union, and Xpress Money can help and receive cash transfers in Santo Domingo and other main cities in the Dominican Republic. Below are the locations for picking up cash at agent locations from these companies.

Cash pickup locations in Dominican Republic if you are using MoneyGram, Western Union and Xpress Money

Western Union

Santo Domingo

  • Banco Multiple Vimenca C Por
    Av Abraham Lincoln Esq J F Ke
    Agora Mall, Santo Domingo, Dn
    +1-809-2007380
    Monday to Friday 9am to 9pm
    Saturday 9am to 6pm, Sunday 9am to 2pm
  • Banco Multiple Vimenca Sa
    Ave. Lope De Vega Esq. Rafael
    Ens. Naco, Distrito Nacional, Santo Domingo
    +1-809-2007380
    Monday to Friday 8am to 6pm
    Saturday 9am to 1pm, closed on Sundays

La Romana

  • Repuestos Roan Srl
    Calle Juan Brito Esq. Tomasa C
    Bayahibe, La Romana
    +1-809-2007380
    Monday to Saturday 8am to 8pm, closed on Sundays

MoneyGram

Santo Domingo

  • Banco Popular Domincano, Santo Domingo
    KM 8 1/2 Carretera Mella, Santo Domingo
    0 8095448170
    Sunday to Friday 9am to 5pm, Saturday 9am to 1pm
  • Banco Del Progreso, Santo Domingo
    Av George Washington No 500 Santo Domingo
    0 8094127592
    Monday to Friday 8am to 5pm, Saturday 8am to 2pm

La Romana

  • Banco Del Progreso, La RomanaFidelite
    Marina Chavn Casa De Campo La Romana 22000 8095237070 Monday to Friday 7:30am to 5pm Monday to Sunday, 9am to 5pm, Sunday 9am to 1pm

Xpress Money

Santo Domingo

  • BanReservas-Isabel La Catolica Br
    Calle Isabel la Catolica Num 201 Isabel La Catolica
    Santo Domingo, Distrito Nacional, Dominican Republic
    +1-809-688-2766
    Monday to Friday 8am to 5pm, Saturday 9am to 1pm,
    Sunday holidays

La Romana

  • BanReservas – Centro de Caja Plaza Lama La Romana Br
    Calle Francisco Richiez esq. Fray Juan Utrera, La Romana
    Distrito Nacional, Dominican Republic
    Monday to Friday 8am to 5pm, Saturday 9am to 1pm
    Sunday holidays
Back to top

Read this tips for smooth sailing cash pickups in the Dominican Republic

Reported crime is classified as high in the Dominican Republic and it is advised to never travel alone when collecting cash from an agent location. There aren’t high margins of difference in the areas where crime and violence take place, and there are reports of outbursts in popular areas.

It will be important that you don’t travel alone as reports show travellers and foreigners to be pestered by small petty crimes and are occasionally seriously hurt. When picking up cash, stick to populated and professional areas and choose private transport over public where possible. As long as there is more than one person going to pick up the cash and engaging in the activity discreetly, it should be relatively safe.

What do you need to do or have to send and receive money between the Dominican Republic and New Zealand?

When you are going to pick up cash at an agent location, you will need to take along your photo ID that is government issued or another of government issued identification, as well as the tracking or reference number. A copy or original of the receipt of the transaction can also be handy. If you are going to send the money to a bank account, you will need the following:

  • Bank details, which includes the SWIFT BIC details, branch, and address of the bank
  • The recipient’s bank account number and basic details
  • The supported currency and amount you want to send

If you would like to send money to an individual that will do a cash pickup, you will need the following with you:

  • Details of the recipient in the form of identification
  • Address of the agent location
  • Correct amount and currency that you would like to send
  • A copy of the receipt to send to the recipient
Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site