Tips on Sending Money to the Dominican Republic
There are many different ways to send money to the Dominican Republic. The amount of time it takes, along with cost and level of security vary for each service.
In case of an emergency you may need to know how to send money as quickly as possible. It is important to know your options when sending money to the Dominican Republic. The most pressing thing to remember is don't panic. 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.
The cardholder will have no access to funds until you have refilled the pre-paid debit card. At this time you could notify the recipient via phone that money has been added to the card.
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 steps are some ways that will help ensure that money arrives quickly when you need it.
In case of an emergency you may need to know how to send money as quickly as possible. It is important to know your options when sending money to the Dominican Republic. The most pressing thing to remember is don't panic. 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.
The cardholder will have no access to funds until you have refilled the pre-paid debit card. At this time you could notify the recipient via phone that money has been added to the card.
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 steps are some ways that will help ensure that money arrives quickly when you need it.
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