Banking Question

bigD

New member
Aug 11, 2003
54
0
0
Hello All,

I'm purchasing some equipment in the DR and am looking for solutions as far as escrow arrangements or letters of credit. Does anybody know what is currently set up in the DR for vendor/purchaser arrangements? We're looking for a solution for two parties to both be 100% guaranteed.

Thanks in advance,

BigD
 

chola1978

Bronze
Mar 20, 2006
770
16
0
BigD if need a letter of credit form your vendor just ask the to get one. I nregards to escrow accoutns most commercila banck here offer those servicec. please contact a local bank and ask for banck excutive. Is the equipment beign ship out of the country? if so additional insurnace will need to be set.
Banco del Progreso Dominicano, Banco Popular, BHD, Banreserva. I would try those or Scottia bank
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