For those that live here and have some bank. Not that I do, or have, but I've been curious about the safety of BPD, it seems like a stable bank, and cant see where it has any financial issues... What are your thoughts on keeping 200k to 300k in USD there?
Wasn't Baninter the second largest Dominican bank?
tHERE HAVE BEEN TIMES IN THE PAST WHEN us dOLLARS ARE NOT AVAILABLE AT dOMINICAN BANKS,
There may be again.
"AE" you can have a million dollars in USA bank accounts insured by "FDIC".
You just have to divide it up in different accounts below the max amount, which is $250,000 last time I checked.
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The most likely way your money might lose value in a DR bank would be a suprise devaluation of the peso.
For those that live here and have some bank. Not that I do, or have, but I've been curious about the safety of BPD, it seems like a stable bank, and cant see where it has any financial issues... What are your thoughts on keeping 200k to 300k in USD there?