Introducing our improved money transfers to the Dominican Republic

Sending money to the Dominican Republic with Xe is now faster and more cost-efficient than before.

Xe Consumer

30 septembre 20203 min read

Santo Domingo Colonial Zone in Santo Domingo, Dominican Republic

At Xe, we’re always striving to improve so we can give our customers the best money transfer experience possible. And we’re pleased to say that if you’re planning on sending money to the Dominican Republic, we’ve made some great new improvements to your experience.

We recently aligned with our sister company Ria Money Transfer, to improve our money transfers. Now, we can send our money transfers to the Dominican Republic through Ria’s channels. 

This means that from now on, your money transfers to the Dominican Republic will be:

  1. Much faster than before

  2. At new, competitive exchange rates

  3. With no third-party fees.

What’s new about our money transfers to the Dominican Republic?

Before introducing these new improvements, you could expect the following experience when sending money to the Dominican Republic:

  • Your money would typically reach the Dominican Republic within 1-4 business days.

  • Your exchange rate depended on currency market motion.

  • You may have been charged additional fees from intermediaries in the transfer process.

But that’s not the case anymore. Now, when you send money to the Dominican Republic, this is what you’ll experience:

  • Your money will arrive more quickly. No need to wait several days, or even one day. With our new transfer channels, your money will reach the Dominican Republic within 2 hours.

  • New, competitive rates. Our new transfers will give you fair, competitive rates for your coming exchanges, straight from the live currency markets.

  • No third-party fees. Now that we’re using our own channels to send you transfers, there won’t be any intermediaries involved. What does that mean? It means no extra fees hidden throughout the transfer process. What you see is what you get.

How to send money to the Dominican Republic

More good news: we haven’t made any changes to this part of the money transfer process. It’ll be as quick and easy as it’s ever been. 

If you don’t have an account yet, go ahead and sign up. It’s completely free and will only take a couple of minutes. 

Once you’ve signed up (or if you already have an account), sign into your account or the Xe app and: 

  1. Let us know the currencies you’d like to transfer as well as the amount;

  2. Take a look at your rate and confirm that it’s good for transfer;

  3. Enter your recipient’s name, bank information, and any other information that’s necessary for the transfer;

  4. Let us know how you’ll be paying and provide your payment information;

  5. Double-check all of the details, and hit “Confirm transaction now”.

Interested in learning more about our new transfers, or ready to send one now? Visit our money transfer page to get started.