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  1. #1
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    Default Bank Interest Rates?

    What is the approximate interest rate on 2-5 year CD's?
    RD and USD accounts.


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  2. #2
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    Quote Originally Posted by EddieC View Post
    What is the approximate interest rate on 2-5 year CD's?
    RD and USD accounts.


    Sent from my iPad using Tapatalk HD
    Rate vary depending of the amount and time, for 100,000.00 Dominican Pesos in Banco de Reservas is arround 4% anual.

  3. #3
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    Wow they really lowered the rate.

  4. #4
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    how much is it in usd ? any update on that with banco reservas or any other banks ?

  5. #5
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    At Banco Caribe USD is around 2 to 3% depending on how much and for how long. Pesos is 7.5% on a 1 year term. It didn't get any better on 2 years but they did offer 10 points on 36 months on 4 millon pesos ($100,000 USD).
    Most banks are similar as far as I know.

  6. #6
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    Popular is 2% US I believe and last month pesos were 8%

  7. #7
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    thanks for the response. i thought it would be around 5% on usd.

  8. #8
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    Here is the link for Banco Popular.. click on the right hand button for conoce los instrumentos de inversiones the pdf will download.https://www.bpd.com.do/sites/bpdpubl...Investors.aspx

    you can get up to 12% on pesos and 4,5% on dollars.

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  10. #9
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    Quote Originally Posted by melphis View Post
    At Banco Caribe USD is around 2 to 3% depending on how much and for how long. Pesos is 7.5% on a 1 year term. It didn't get any better on 2 years but they did offer 10 points on 36 months on 4 millon pesos ($100,000 USD).
    Most banks are similar as far as I know.

    at Banco Popular, you can get the 10% on 10,000 pesos due in 2017 and 12% on 10,000 pesos due in 2021.

    penalties apply for early withdrawal. read the fine print.

  11. #10
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    I am curious to know if anyone knows what Banco Santa Cruz interest rates are for term deposits in pesos and US dollars

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