Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From DODominican Republic you can also send money to

Sending money from DOMINICAN REPUBLIC to HAITI

Data collected on: Sep 05, 2022
DOP | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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 descendingTotal cost (USD)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
12.0012.00
2.22
Percentage difference between market reference rate 121.00 and exchange rate charged 118.31
2.22
8.228.22
16.4416.44
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
5.33
Percentage difference between market reference rate 121.00 and exchange rate charged 114.55
5.33
10.3310.33
20.6620.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.8411.84
7.74
Percentage difference between market reference rate 121.00 and exchange rate charged 111.64
7.74
13.6613.66
27.3227.32
Total Average Third Quarter
10.7410.74
Total Average Second Quarter
7.587.58
Total Average
Fee
11.2811.28
Exchange Rate Margin (%)
5.105.10
Total Cost Percent (%)
10.7410.74
Total Cost (DOP) Total Cost (USD)
21.4721.47
Non-Transparent records
Cash
Less than one hour
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Caribe Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
30.0030.00
2.22
Percentage difference between market reference rate 121.00 and exchange rate charged 118.31
2.22
8.228.22
41.1041.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
24.6724.67
7.89
Percentage difference between market reference rate 121.00 and exchange rate charged 111.45
7.89
12.8312.83
64.1564.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
29.7029.70
7.56
Percentage difference between market reference rate 121.00 and exchange rate charged 111.86
7.56
13.5013.50
67.5067.50
Total Average Third Quarter
11.5211.52
Total Average Second Quarter
7.437.43
Total Average
Fee
28.1228.12
Exchange Rate Margin (%)
5.895.89
Total Cost Percent (%)
11.5211.52
Total Cost (DOP) Total Cost (USD)
57.5857.58
Non-Transparent records
Cash
Less than one hour
Cash
Least Costly Corridors From Dominican Republic