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  1. #1
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    Arrow Best D.R. Debit Card

    In my opinion, the best D.R. debit card for foreigners, from the point of view of the simplicity of the application process is Banreservas.

    This is because no documentation is required, at least for U.S. citizens, only three forms of identification:
    1. passport, 2. state driver's license or identification, 3. copy of original social security card (it will be in color).
    Customer service fills out all documentation and you sign. You pick up your card (with chip) in less than a week.

    You have to maintain a balance of RD$ 2,000 to avoid surcharges. The initial deposit is RD$ 500. You pay NO surcharge at an ATM and this includes BHD ATM's, as they are linked.

    And you can save money. Instead of taking out a large amount in order to avoid the fee, you can take out unlimited small amounts, say RD$ 500, with no surcharge. Easier to budget.

    Getting the online account up and running is a MISSION. With a few return trips to the bank to solve problems, I now have access with no issues.

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  3. #2
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    Quote Originally Posted by Lucas61 View Post
    You have to maintain a balance of RD$ 2,000 to avoid surcharges. The initial deposit is RD$ 500. You pay NO surcharge at an ATM and this includes BHD ATM's, as they are linked.
    A commission does exist for some foreign ATMs; however, the fee is nominal compared to U.S. banks.

  4. #3
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    Which branch did you goto?

  5. #4
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    Arrow B.R. Branch

    Quote Originally Posted by ogunjobi123 View Post
    Which branch did you goto?


    The branch I had this success at is on La Mella, one-half distance between El Bombero and La Sirena. It is just past the Seventh Day Aventist church.

    "Memwa Dahomey!"

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  7. #5
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    Banreservas and Banco BHD Leon always have the longest lines ever. Congrats on your new debit card but those lines turned me off.

  8. #6
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    Quote Originally Posted by alexw View Post
    Banreservas and Banco BHD Leon always have the longest lines ever. Congrats on your new debit card but those lines turned me off.
    Long lines seem to be the norm anywhere in Carribean and Latin America, avoid pay day (Friday)
    More important is ease of opening which is difficult even for foreigners with residency. Then use ATM or Online Banking

  9. #7
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    Quote Originally Posted by alexw View Post
    Banreservas and Banco BHD Leon always have the longest lines ever. Congrats on your new debit card but those lines turned me off.
    BHD usually has 4-5 cashiers open though.

  10. #8
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    Banreservas always has the longest lines because they are the Gov. bank and deal in passport renewals, driver license renewals, and a lot of other things that are not dealt with anywhere else. BHD should not be any long wait compared to BReservas.

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  12. #9
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    Arrow B.R.: Long Lines? It Depends.

    Quote Originally Posted by alexw View Post
    Banreservas and Banco BHD Leon always have the longest lines ever. Congrats on your new debit card but those lines turned me off.
    @alexw:

    Maybe it depends on the branch. In my area, the various sectores above Zona Colonial, the Banco Popular lines are much longer than the Banreservas lines. At B.R. on La Mella, the lines are not so bad, so long as you avoid Fridays and paydays. Plus there is an expedited line for Deposits only. I'd say that my average wait time is 15 minutes.

    Fortunately, many questions about your account that do not involve either depositing or withdrawing money can be handled at the front information desk. The person is always a banker. They rotate. In fact, that person has more access to aspects of your account than do bank staff behind the counter. The front desk person has a computer terminal. The wait there is zero to three minutes.

    Now, if you need Customer Service, which I did when I had difficulty with online access (now resolved), bring a book and figure on waiting an hour. You will need a ticket.

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