Carina, I have a 'premier business' account. Before I upgraded, I had a premier account. Before this, I had a 'normal' account. I've had a Paypal account for a long time for business. My account was (and still is) connected to both a business credit card as well as a bank account stateside. I?ve had a Paypal debit card for years, both on the ?normal?account (years ago) and on the premier accounts. Customers pay us via Paypal daily. I am not imagining these things. We use Paypal extensively.
Perhaps you should consult the Paypal website for Dominican Republic rules - Paypal is represented here. They do not do transactions in Dominican Pesos - that I know. You need on the US side, a verified, confirmed bank account, or a major credit card (NOT DR as they do not do business in Pesos). I do not know what happens locally, but given that Ken is asking the question, I am sure he would want to know the US side as well. I am answering the US side, not the DR side. If I had a DR credit card or bank account only, I probably would not even attempt Paypal.
What I do know, is that you can withdraw funds from your Paypal account via a debit card, a paper check issued by Paypal or via transfer to a US based credit card or bank account. So, that says to me, you need US banking and credit card credentials. May be different for other countries.
Ken, we?ve often used our Paypal debit card simply to transfer funds down here. We would simply transfer funds to our Paypal account and then withdraw here with our Paypal debit card. I am not sure of the fees on a debit card transaction.