Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from DOMINICAN-REPUBLIC to HAITI

Data collected on: Feb 17, 2025
DOP | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (DOP)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Caribe Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
12.00
0.31
Percentage difference between market reference rate 130.75 and exchange rate charged 130.34
6.31
12.62
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
659.28
1.52
Percentage difference between market reference rate 2.11 and exchange rate charged 2.07
7.52
826.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
571.38
3.26
Percentage difference between market reference rate 2.11 and exchange rate charged 2.04
8.46
929.58
Total Average First Quarter 2025
7.43
Total Average Fourth Quarter 2024
7.38
Total Average
Fee
414.22
Exchange Rate Margin (%)
1.70
Total Cost Percent (%)
7.43
Total Cost (DOP)
589.50
Non-Transparent records
Cash
Less than one hour
Cash