- Thread starter blanca
- Start date
New Thread:"Reverse exchange rate"
Yes, I have at one time bought Dominican Pesos from the Park Ave. office and they offered to buy back the pesos later at a lower rate. I used to do this when I arrive late at night and just want enough pesos for taxis, food and drinks.
The better way is before to leave to open a saving account with card in pesos, (cash account in the Popular Bank) and when you are in USA go to the ATM and you get back your Dollars of corse you coudnt got it all first you have to pay the charge for the transaction.
The same way you can use a US bank card in the DR. Do you think Dominicans with ATM cards can't make withdrawals outside the DR?
So far the Dominican Bank account solution and ATM in The USA was the only solution that makes sense.
My offer is still good of $USD850.
My offer is still good of $USD850.
Where was that land and how big was it? I went to buy land but it was RD$10,000,000 :disappoin It was a lot of acres though and on a mountain so I could probably do anything there and not have anyone complain (music, parties, etc.). In the end though, dropping $300k on a house I'd visit once/twice a year didn't seem very worth it. The funny thing was that my brothers/sisters kept pushing it because they visit much more often then me and would thus stay there much more often and for free.
Blanco??
If you haven't given up in disgust by now, you might go to the BPD Bank in Miami and enquire of them the possibility of opening a US$$ account. That way when you are here, you can go to Banco Popular's MAIN Offices in Santiago or Santo Domingo, ask where the BPD Bank Office is, write a US$ check and get your money in Pesos, either in a Banco Popular account or cash. When you are about to leave, just deposit theexcess Pesos back in the bank.
A lot easier that hasslein with the Casa de Cambio's.
Texas Bill
If you haven't given up in disgust by now, you might go to the BPD Bank in Miami and enquire of them the possibility of opening a US$$ account. That way when you are here, you can go to Banco Popular's MAIN Offices in Santiago or Santo Domingo, ask where the BPD Bank Office is, write a US$ check and get your money in Pesos, either in a Banco Popular account or cash. When you are about to leave, just deposit theexcess Pesos back in the bank.
A lot easier that hasslein with the Casa de Cambio's.
Texas Bill
CHILDREN....its very simple, go to western union and wire transfer the dollar amount to a family member in the us. you'll get the proper exchange rate and only be out the transfer fee.....works with every country...............