Hi
With all the financial issues happening I would like to know if you feel safe having your money in a DR bank?
More specifically, my friend in DR has a savings account at Banco Progresso and he is not sure if it is safe. I'm not sure if DR banks have insurance like US banks to protect your savings. I notice that Citibank is in DR. I wonder if that is a safer bank or maybe it is not insured.
Thanks in advance for your feedback.
Dylan
With all the financial issues happening I would like to know if you feel safe having your money in a DR bank?
More specifically, my friend in DR has a savings account at Banco Progresso and he is not sure if it is safe. I'm not sure if DR banks have insurance like US banks to protect your savings. I notice that Citibank is in DR. I wonder if that is a safer bank or maybe it is not insured.
Thanks in advance for your feedback.
Dylan