Page 2 of 3 FirstFirst 123 LastLast
Results 11 to 20 of 24

Thread: ATM Fees

  1. #11
    Silver
    Join Date
    Jun 2014
    Posts
    3,527
    Post Thanks / Like

    Default

    Quote Originally Posted by etolw View Post
    I totally refuse to use ATM´s that charge 195 dop transaction fees. Fortunately where I stay in Cabarete there are some ATM´s that does not charge this fee. Also, the last months I have only used my Banco Santo Cruz debit card for withdrawals/payments. Transferring funds from my foreign bank account is less costly if you do a sufficient large transaction, because the ATM`s always charge you an international ATM fee, in my case 2% of the amount withdrawn.

    The 195 dop fee has surfaced the recent years, if people simply refuse to use those ATM´s maybe it goes away (dream mode on...)
    Which ones in Cabarete don't charge th 195 peso fee? All the ones I've used so far do.

  2. #12
    Regular
    Join Date
    Apr 2019
    Posts
    146
    Post Thanks / Like

    Default

    Hopefully this is not off topic. But is there a standard daily limit on ATM withdrawals for international ATM users?

    Thanks

    Rob

  3. #13
    Regular
    Join Date
    Oct 2018
    Posts
    36
    Post Thanks / Like

    Default

    Quote Originally Posted by cavok View Post
    Which ones in Cabarete don't charge th 195 peso fee? All the ones I've used so far do.
    Scotiabank and the ATM at the corner at Janet´s. I have not used those the last month, but hope they still do not charge.
    (Scotiabank had a period when they charged a fee, but that ceased last year)

  4. Likes cavok liked this post
  5. #14
    Regular
    Join Date
    Oct 2018
    Posts
    36
    Post Thanks / Like

    Default

    Quote Originally Posted by NanSanPedro View Post
    Hopefully this is not off topic. But is there a standard daily limit on ATM withdrawals for international ATM users?

    Thanks

    Rob
    No, banks has different limits, consult your bank. The ATM itself can have a limit lower than your bank (normally does not)

    During banking hours, you can go into the bank and make withdrawals of any amount with a teller. If you need to withdraw a large amount of money, this is the best and safest way to do it.

    You can also call your bank and ask to temporarily raise your limit, whether the ATM withdrawal or debit purchase limit.

  6. #15
    Regular
    Join Date
    Dec 2005
    Posts
    437
    Post Thanks / Like

    Default

    Quote Originally Posted by NanSanPedro View Post
    Hopefully this is not off topic. But is there a standard daily limit on ATM withdrawals for international ATM users?

    Thanks

    Rob
    In my experience it's 10,000 pesos.

  7. Likes etolw liked this post
  8. #16
    Regular
    Join Date
    Oct 2018
    Posts
    36
    Post Thanks / Like

    Default

    My bank account has a limit which equals 140 000 dop pr. day, and not more than 240 000 dop in 4 days.
    But I have encountered problems in DR when I withdraw more than 40 000 dop from one ATM.
    (Multiple withdrawals a´ 10k each)
    Last edited by etolw; 07-11-2019 at 10:14 PM.

  9. #17
    Regular
    Join Date
    Oct 2015
    Posts
    81
    Post Thanks / Like

    Default

    La Nacional de ahorros y prestamos (Sosua opposit the PN) has no fee and a high limit (at least 20'000RD$) for withdrawals....

  10. Likes etolw, cavok, Uzin liked this post
  11. #18
    Bronze
    Join Date
    Oct 2005
    Posts
    1,297
    Post Thanks / Like

    Default

    OP, I have seen that DOP$195 showing but deducting $250 after, but that was 4 or 5 years ago, I am amazed it is still showing that, I first thought it was because the fees increased and they did not fix the software, but maybe it is due to different cards are charged differently and software can only show one thing. In any case, don't waste your breadth for 55p, move on...Find another ATM, try La Nacional , they don't charge some foreign cards and give 20k on one transaction - as mentioned.

    Be careful with any ATM that is not attached to a bank or inside a bank, all those in shops are not safe either, well, better than some others, but not quite.

    Charles Schwab also offers normal bank account with ATM card etc. (can open account online), for Americans only though....

    Best is to open an account in local banks, then use ATM inside the bank, I see you are already working on it....

  12. #19
    Silver
    Join Date
    Jan 2016
    Posts
    4,465
    Post Thanks / Like

    Default

    Quote Originally Posted by NanSanPedro View Post
    Hopefully this is not off topic. But is there a standard daily limit on ATM withdrawals for international ATM users?

    Thanks

    Rob
    Depends it seems on the individual machine. I hit some that say I have exceeeded my daily limit when it is my fiorst transaction of the day. SO I go to thew next machine in line. Off topic here, but a taxi left me at thge airport at Rio Negro Colombia and I had to hit 7 machines before |I found one that gave me cash. The taxi was about to abandon my luggage when I went back out and paid him. I tossed in an extra $10.00 tip for his trouble and anxiety!
    Derfish

  13. #20
    Regular
    Join Date
    Dec 2014
    Posts
    111
    Post Thanks / Like

    Default

    Quote Originally Posted by Derfish View Post
    Depends it seems on the individual machine. I hit some that say I have exceeeded my daily limit when it is my fiorst transaction of the day. SO I go to thew next machine in line. Off topic here, but a taxi left me at thge airport at Rio Negro Colombia and I had to hit 7 machines before |I found one that gave me cash. The taxi was about to abandon my luggage when I went back out and paid him. I tossed in an extra $10.00 tip for his trouble and anxiety!
    Derfish
    You are lucky to see your luggage again after leaving them with the taxi. I remember a story like that where the guy came back to see the taxi and his luggage gone, never to be seen again.

Page 2 of 3 FirstFirst 123 LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •