How to Send Money to the Dominican Republic
There are a variety of ways to send money quickly to the Dominican Republic. The level of security, cost and amount of time it takes for money to arrive differ for each service.
In case of an emergency, a person sending money to the Dominican Republic may need to make the money available as quick as possible. It is important to know what options might work best when time is the most important factor in making a money transfer. The most important thing to remember is not to panic, but to prepare now to have everything in place to initiate a transfer when necessary.
In instances like this it may be easiest to send money using an online service such as ATM Cash, which allows you to send money 24/7 from your computer.
Another way to insure that the recipient in the Dominican Republic will have access to money quickly is to make sure that they have an ATM or debit card in their possession. If the recipient is a member of your family or someone trustworthy, it may be useful for them to have a bank card linked to your savings or checking account.
As long as your are comfortable with the cardholder having access to your account at all times, they could have a card and PIN number so that they could have access to cash through an ATM machine. For situations where you do not want the recipient to have unlimited access to the money, a pre-paid debit card is another way to go. It works just like an ATM card except that it is loaded with a specific amount of money.
Once you have refilled the pre-paid debit card the cardholder will have access to the funds. The PIN number is given to the recipient so a phone call to notify that the money has been added is all that is required to gain access to the money.
Opening an account with a bank that has branches in both the Dominican Republic and the U.S. will also help facilitate easier transfers.
The above are some steps to ensure that money to the Dominican Republic arrives quickly when you need it.
In case of an emergency, a person sending money to the Dominican Republic may need to make the money available as quick as possible. It is important to know what options might work best when time is the most important factor in making a money transfer. The most important thing to remember is not to panic, but to prepare now to have everything in place to initiate a transfer when necessary.
In instances like this it may be easiest to send money using an online service such as ATM Cash, which allows you to send money 24/7 from your computer.
Another way to insure that the recipient in the Dominican Republic will have access to money quickly is to make sure that they have an ATM or debit card in their possession. If the recipient is a member of your family or someone trustworthy, it may be useful for them to have a bank card linked to your savings or checking account.
As long as your are comfortable with the cardholder having access to your account at all times, they could have a card and PIN number so that they could have access to cash through an ATM machine. For situations where you do not want the recipient to have unlimited access to the money, a pre-paid debit card is another way to go. It works just like an ATM card except that it is loaded with a specific amount of money.
Once you have refilled the pre-paid debit card the cardholder will have access to the funds. The PIN number is given to the recipient so a phone call to notify that the money has been added is all that is required to gain access to the money.
Opening an account with a bank that has branches in both the Dominican Republic and the U.S. will also help facilitate easier transfers.
The above are some steps to ensure that money to the Dominican Republic arrives quickly when you need it.
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