Menu
Expat.com
Search
Magazine
Search

Cambiosta question

ondami

Good morning all.


I am a planner and have been doing a lot of research on this forum and via a multitude of websites.


I saw in one post that one person uses a cambiosta or casa de cambio to write themselves checks to speed up getting access to their money in their US bank account.  This of course works after establishing a relationship with the manager of said casa de cambio.


Has anyone else had a similar experience?


If so, would you recommend going this route instead of continuous wire transfers (and fees) from US bank to DR bank?


I thank you in advance for your time and assistance.

See also

Banking and finance in the Dominican RepublicRecent Experience Opening Bank Account in Santo DomingoPros and Cons between Scotiabank and Banco Popular?Dollar shortageReceiving a replacement bank card by mail from my US bank
WillieWeb

Watch the exchange rates


But it's an easy way to fly

ddmcghee

I use Remitly to transfer from my US bank account to my USD account at Banco Santa Cruz. The fees are low if you plan ahead and can allow 5 days for the transfer. For a few dollars more, you can get faster transfers.

ondami

@ddmcghee thank yiu!