- Thread starter Art Vandelay
- Start date
Bringing dop into the dominican
Just plain dumb. By the time you exchange Canadian dollars to rdpesos in Canada you will not be getting a better rate than in the DR. You will have a lower exchange rate plus a service charge for the exchange. The Royal Bank of Canada quotes a current exchange rate of 32.36 drpesos to the Canadian Dollar. This is already a lower rate than you can get in the DR. How does this make any sense to you vs.going to a casa de cambio or simply using an ATM? It is really not that difficult. If the gentleman that asked the original question doesn't mind losing money than your advice is terrific. I hope this obviates any confusion that your advice has created.
LTSteve, you realize you are arguing over 2 pesos per dollar. I'd have no qualms doing it just for convenience sake as per Art's question.
I don't get it(?). Can someone please explain exactly what problems and hassles you are having exchanging money at the airports? I've flown into every airport in the DR except El Catey - probably 50 times in the last 15 years, mostly into SDQ and POP.
How can buying money online and picking it up at your bank in Canada be less of a hassle than changing your money at an airport cambio, or walking up to an ATM machinein the airport and withdrawing cash? I haven't had the need to change money at the airport for awhile now - has something changed?
How can buying money online and picking it up at your bank in Canada be less of a hassle than changing your money at an airport cambio, or walking up to an ATM machinein the airport and withdrawing cash? I haven't had the need to change money at the airport for awhile now - has something changed?
Mob-rouser
Nothing better to do.....him.
Don' bother jousting...
The OP was clear....to save a little time, can I get pesos in Canada...
Easy question calls for an easy answer.... which was given.
Nothing better to do.....him.
Don' bother jousting...
The OP was clear....to save a little time, can I get pesos in Canada...
Easy question calls for an easy answer.... which was given.
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That's my question and the OP's question. How is going on line, filing out all the req'd info, going to the bank to pick up your money, time-saving or any faster than walking up to a cambio window or sticking your card into an ATM machine and withdrawing your money?
Some here argue that the rate is sufficiently off to warrant not using them.
Either do it at the airport or before you arrive..... pretty simple.
Personally, if I can shop from an armchair, I will.
No language issues, they ship the money to you...
Not unusual these days , s
sears and Macy's are closing stores over a lack of foot traffic*
Either do it at the airport or before you arrive..... pretty simple.
Personally, if I can shop from an armchair, I will.
No language issues, they ship the money to you...
Not unusual these days , s
sears and Macy's are closing stores over a lack of foot traffic*
Because as Canadians we're driven by one thing. Beer. Time spent changing money after getting off the plane is wasted beer drinking time. If the cambio or ATM served beer while we are waiting for our pesos that would be a different story.
:classic: mob
They don't give as good of a rate and sometimes will make a "mistake" in counting out the money. I also think it isn't good for the ladrones (lot's of motor concho drivers hanging around that part of Sosua) to see your cash. If you at the 2 popular spots for them in Sosua just walk past the little Playero and after the pharmacy there is a good, safe place to change money. They have the exchange rates posted.
No, i have no vested interest in that business.
I have never found a Bank/ATM that was close to them. Maybe if you are using Scotia bank? and you are Canadian they give a better exchange. From my experience the best exchange given was Santa Cruz.
No it is not 2 pesos. If you exchange Canadian dollars for rdpesos in Canada the bank is going to charge you an exchange fee which could be as high as 9 % on your money so it makes no sense to do it this way. I realize that the rdpeso per dollar isn't much different. It is the associated fees the banks are taking that cost you money. It is the same at the exchange kiosk at SDQ. They charge you a high service fee to exchange dollars to pesos.
We can go round and round on this subject. If you go back to the original post, the gentleman asked if he could go to his local bank in Canada and exchange Cndollars for rdpesos? In this scenario he will be charge a service fee by the bank. You can find many alternatives to this, but that is not what he asked.
No service charge, no curious eyes :devious: fresh bills, small denominations or any mixture you choose.
Exchange Rate
1 CAD = 33.670034 DOP - January 18,2017
no looking over your shoulder as you walk away. only makes sense unless you enjoy using ATM's.
Exchange Rate
1 CAD = 33.670034 DOP - January 18,2017
no looking over your shoulder as you walk away. only makes sense unless you enjoy using ATM's.
I have no idea what Canadian bank you use, but both mine do not charge to exchange Cdn dollars. Today's rate 32.467 at RBC; 32.362 at CIBC. You are arguing over 2 pesos.
It's 35.33 at Banco Central today. You're talking about 3 pesos and that's almost a 10% "hit" on your exchange.