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Home arrow Tips and Reports arrow Frequently Asked Questions arrow Banking in the Dominican Republic

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The Dominican Republic has a well established international banking system, providing all of the financial services needed to purchase real estate from abroad.

3 major financial institutions servicing the Dominican Republic:

Banco Popular: www.popularenlinea.com

BanReservas: www.banreservas.com.do

Scotiabank: www.scotiabank.com (Canadian based)

Financial Services Provided:

  • Currency exhanges
  • International fund transfers (wire/swift)
  • Loans and capital financing
  • Mortgages
  • Personal and business accounts with electronic banking
  • Interest bearing accounts (U.S. dollar, Euro, Yen, Dominican pesos)
  • 24 hour ATM’s