Currency Exchange in Dominican Republic

The money that is used officially in the Dominican Republic is known as the Dominican peso oro. The coins do not have the word oro on them, however, and as of the year 2011 the bills will bear the new name peso Dominicano rather than peso oro. Many businesses in the tourist areas also accept currency in dollars and euros as well. The US Dollar was also the official currency briefly in between the years 1905 and 1947, and it continues to be a official reserve currency with the Banco Central de la Republica.

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Currency Index is known for high-quality service and favorable exchange rates as compared with rates offered by high street banks and other foreign currency exchangers. The firm only works with the most knowledgeable and qualified professionals to assist its expanding client base in the Dominican Republic and the rest of the world.
Margin
0.60%
Margin description
0.25% - 0.60% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£7 or £12 - No fee for transfers above £30,000
Min
No minimum
Currencies
Wide range of major and exotic currencies
Options
Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order
Moneycorp, an international foreign exchange specialist in the Dominican Republic, boasts an over three-decade experience in the financial services industry. With its market expertise, individual and corporate clients are able to reduce their costs when exchanging currencies, making global payments and addressing travel money requirements.
Margin
0.6%
Margin description
0.25% - 1% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£0
Min
£1,000 or £250 Regular Payments
Currencies
76 Currencies
Options
Bank to bank - one off or regular payments