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 23, 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
-0.75
Percentage difference between market reference rate 104.06 and exchange rate charged 104.84
-0.75
5.255.25
10.5010.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.0016.00
0.71
Percentage difference between market reference rate 104.06 and exchange rate charged 103.33
0.71
8.718.71
17.4217.42
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
4.50
Percentage difference between market reference rate 104.06 and exchange rate charged 99.39
4.50
10.5010.50
21.0021.00
Total Average First Quarter
8.158.15
Total Average Fourth Quarter 2021
8.178.17
Total Average
Fee
13.3313.33
Exchange Rate Margin (%)
1.491.49
Total Cost Percent (%)
8.158.15
Total Cost (DOP) Total Cost (USD)
16.3116.31
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
-0.75
Percentage difference between market reference rate 104.06 and exchange rate charged 104.84
-0.75
5.255.25
26.2526.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
40.0040.00
0.71
Percentage difference between market reference rate 104.06 and exchange rate charged 103.33
0.71
8.718.71
43.5543.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
30.0030.00
4.50
Percentage difference between market reference rate 104.06 and exchange rate charged 99.39
4.50
10.5010.50
52.5052.50
Total Average First Quarter
8.158.15
Total Average Fourth Quarter 2021
7.177.17
Total Average
Fee
33.3333.33
Exchange Rate Margin (%)
1.491.49
Total Cost Percent (%)
8.158.15
Total Cost (DOP) Total Cost (USD)
40.7740.77
Non-Transparent records
Cash
Less than one hour
Cash
Least Costly Corridors From Dominican Republic