Send money to the Dominican Republic

Take advantage of low fees and competitive exchange rates.

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If you want to send money to the Dominican Republic, enter how much into our table and it will show you the providers best suited to your requirements. Compare their offers and make your choice.

Send money to the Dominican Republic with WorldRemit

An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.

  • Use promo code 3FREE to send your first three transfers with no fee
  • Best for sending to a wide range of countries
  • Recipient can get the money to bank account, cash pickup location or mobile
  • Instant money transfers available
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Compare services that send money to the Dominican Republic from the UK

Table: sorted by a combination of service offering and the amount your recipient will receive

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1 Same day GBP 0.00 74.298 DOP
74,298
Whatever amount you transfer, XE will not charge you a fee for using their service. Go to site Show details
GBP 1 1 - 2 days GBP 1.99 73.719 DOP
73,573
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
GBP 50 Same day GBP 2.99 73.943 DOP
73,722
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
GBP 10 Within an hour GBP 2.00 74.295 DOP
74,146
First two transfers free for new customers.
Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How to send money to the Dominican Republic

  1. Choose a provider. Look at fees, rates and delivery speed to fit your needs using our comparison table for Dominican Republic money transfers.
  2. Register with the provider. Provide your name, address, contact information and date of birth. A valid photo ID will also be required.
  3. Provide recipient information. You’ll need their name, address, contact details and possibly their bank account information.
  4. Enter transfer amount. Initiate transfer and complete your transaction.
  5. Save your tracking or receipt number. These are required to follow up on the progress of your transfer.

Crunching the numbers: Sending £1,000 to the Dominican Republic

To put this into perspective, let’s see how a bank, cash transfer and money transfer service looks like looks like. This table uses real fees and exchange rates that are current as of 14 April 2020.

Bank transferCash transferMoney transfer service
Fee£20 + additional correspondent bank fees£1.90£2
Exchange rate1 GBP = 65.13 DOP1 GBP = 66.47 DOP1 GBP = 68.099 DOP
Transfer speed2-4 daysMinutesSame day
Amount receivedDOP 65,134DOP 66,470.33DOP 67,963
Overall
  • Slowest and most expensive
  • Fastest
  • Best value

The bank option ends up being both slow and getting the least amount of money to your recipient. If you go with the money transfer service, your recipient ends up with DOP 2,829 more than the bank offers. However, these rates may vary from your own experience, so be sure to use the comparison table to find the freshest money transfer rates.

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How to compare transfer companies

  • Exchange rates. Exchange rates are an important factor in the cost of transferring money overseas, so look for a provider that offers the best rates. However, make sure to also take a provider’s fees into account when comparing its rates.
  • Pickup methods. Cash pickup 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.
  • Turnaround time. Turnaround times for the available services range from minutes to days. Cash pickup is 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 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. Regular payments, once-off payments, market orders and forward contracts.
    • Customer service. How much help will be available if you hit a snag or have a question? Are the support hours convenient?

    Foreign exchange rates explained

    The exchange rate determines how much one country’s currency is worth in another country’s currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. The Dominican Republic’s exchange rate is flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

    You can check out how the Dominican peso has been trading against the pound sterling in this historical rate chart or find out more in the link below.

    1
    0
    Updated: 30 Sep 2020 03:49:03 UTC

    Currency exchange rate for the Dominican Republic

    Ways to send money to the Dominican Republic?

    • Bank transfers. Most major banks offer wire transfers to the Dominican Republic.
    • Money transfer providers. Online providers like TransferWise, WorldRemit and OFX (a trusted partner of Finder.com) can help you transfer money quickly and easily.
    • Transfer companies with cash pickup. Providers like Western Union and MoneyGram offer this service – your recipient can sometimes pick up the cast within minutes.
    • PayPal. You can send money abroad using your PayPal account.
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      Same-day money transfers to the Dominican Republic

      If you ever need to send an emergency cash transfer to the Dominican Republic, remember that urgent transfers can be more expensive that standard ones. Fees rise and exchange rates often fall when you send an immediate transfer. Be sure to examine the full cost of your transfer before you send it, and read up more on emergency money transfers if you have the time.

      Tips for picking up cash in the Dominican Republic

      Keep the following safety tips in mind if you ever pick up a cash transfer from an agent in the Dominican Republic:

      • Make sure your wallet and bag are secure.
      • Never leave your bag or wallet unattended in a public place.
      • Don’t carry around large sums of cash – deposit the funds with a bank as soon as you can.
      • Ask a friend to accompany you and act as a deterrent to thieves.
      • Don’t publicise your cash in front of strangers.

      Cash pickup locations in the Dominican Republic

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      2 Responses

      1. Default Gravatar
        ManuelJuly 2, 2017

        How can u track money sent through MoneyGram but I lost the tracking number

        • Avatarfinder Customer Care
          MayJuly 12, 2017Staff

          Hi Manuel,

          Thank you for your inquiry.

          Best to check with your sender for the tracking number as they were given the reference number when they processed the remittance.

          Cheers,
          May

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