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: Feb 19, 2024
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
0.37
Percentage difference between market reference rate 132.23 and exchange rate charged 131.74
0.37
6.376.37
12.7412.74
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
659.2812.00
1.17
Percentage difference between market reference rate 2.26 and exchange rate charged 2.23
1.17
7.177.17
787.8414.34
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
549.4010.00
3.20
Percentage difference between market reference rate 2.26 and exchange rate charged 2.18
3.20
8.208.20
901.0216.40
Total Average First Quarter
7.257.25
Total Average Fourth Quarter 2023
6.746.74
Total Average
Fee
406.8911.33
Exchange Rate Margin (%)
1.581.58
Total Cost Percent (%)
7.257.25
Total Cost (DOP) Total Cost (USD)
567.2014.49
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
0.37
Percentage difference between market reference rate 132.23 and exchange rate charged 131.74
0.37
6.376.37
31.8531.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,648.1430.00
1.17
Percentage difference between market reference rate 2.26 and exchange rate charged 2.23
1.17
7.177.17
1,969.5335.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,373.4525.00
2.73
Percentage difference between market reference rate 2.26 and exchange rate charged 2.19
2.73
7.737.73
2,123.3538.65
Total Average First Quarter
7.097.09
Total Average Fourth Quarter 2023
6.586.58
Total Average
Fee
1,017.2028.33
Exchange Rate Margin (%)
1.421.42
Total Cost Percent (%)
7.097.09
Total Cost (DOP) Total Cost (USD)
1,374.9135.45
Non-Transparent records
Cash
Less than one hour
Cash
Least Costly Corridors From Dominican Republic