How about US$ in Banco Popular

B

Bellamona

New member
Sep 18, 2007
182
12
0
I just moved here recently but before I did I contacted both Scotiabank and Citibank as I initially planned to open an account in the US with branches in the DR. Both banks told me their DR offices are specifically for commercial accounts only - I could use the ATMS but wouldn't be able to count on personally banking account services..I opened an account with Banco Popular here - 'course I'm not talking about a lot of money either. I also kept my US credit union account open -
 
B

Bellamona

New member
Sep 18, 2007
182
12
0
Hey I'm new to this and never looked at the dates - anyway, what were you doing reading this old thread??? lol
 
Scott18684

Scott18684

SW Group Credit Repair
Jun 10, 2018
110
37
28
Santiago, Dominican Republic
swgroupcreditrepair.com
Ken said:
TexasBill, keep your money in a bank outside of the DR and write personal checks on your account to get money in the DR. I'm doing that and so are a great many other people in the Sosua area. Exchange banks here are very happy to take personal checks. We get a better exchange rate, without paying a fee, than if using an ATM card and we have the security of knowing that the money is safe.
Click to expand...

What do you mean by exchange banks? Can you name a few. Can you do this at bank popular?
 
W

windeguy

Platinum
Jul 10, 2004
44,264
7,058
113
Scott18684 said:
What do you mean by exchange banks? Can you name a few. Can you do this at bank popular?
Click to expand...

An exchange service is more like what I would call it. They are businesses that once they know you will cash a US dollar check and give you a good rate for DR pesos. I have never used one, but other posters here can help you find them. While the thread is old, the question is still a good one.
 
You must log in or register to reply here.
Top Bottom