Went to the Santiago colinas mall Banco Popular, was given a sheet of requirements. The bank officer was very vague about the requirements when asked. I must be approved by popular, please dont recommend another bank. Does anyone have experience with popular or better yet a connection at the bank to help fast track. Would rather not go back and forth many times if not necessary. Willing to go to any branch in Santiago. Thanks.
I have never had anything but poor service and nitpicking charges from any Dominican Bank.
If you are used to first world banks this will be a real eye opener.
I was charged fees for not using my account and later charged fees for using my account too much.
When I opened an account one time the bank wanted proof of source of the funds which were transferred from a large US bank.
Scotia Bank in Sosua always treated me with indifference and gave me a hard way to go.
When I was closing the account clerk said I had to see the bank pres. who asked me why I was closing my account.
First and last time he spoke to me.
Found a debit/ credit card on the sidewalk outside a bank in Sosua.
Went inside the bank to turn in the card.
Being suspicious I wanted a written receipt saying I turned in the card.
Bank refused so I told them no receipt I was not giving them the card.
Cut it up myself.
Hard to imagine them not giving a damn about protecting their customers accounts?
I finally gave up and shut the accounts.
My wife is Dominican and more used to craziness here finally tossed in the towel and closed her Banco Popular account.
She outlasted me.
For brevity's sake I am leaving out the long lines, tellers stopping for a chat, and delivering coffee while the lines wait.
Overall impression is they do not care.
Ending on a good note they do let the pregnant women go to the head of the line, last I was in a bank here.