Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 95.1% of United States to Dominican Republic searches, and was the top rated company out of 9 that support USD to DOP.
So for a great mix of cost, speed & features, make your United States to Dominican Republic transfer using Wise.
How to get the best deal on your United States to Dominican Republic transfer
Important things to consider before sending money from United States to Dominican Republic
Don't settle for the first option. Always compare ways to send money from United States to Dominican Republic to find out about fees, speed, and reliability.
Our analysis included 9 providers that operate between United States and Dominican Republic.
Through this, you get a comprehensive view of all the options you have in United States when you need to send money to Dominican Republic.
Cheapest way to send money to Dominican Republic from United States: XE
Data collected over the past six months shows that XE is 0.55% cheaper than the second-best option.
The $0.085 transfer cost represents the most common fee for USD to DOP international transfers, based on data from the past six months.
If you want to secure the best rates on a USD to Dominican Republic transfer, make sure you pick XE to send your money online.
*The most common fee applied to USD-DOP by XE, based on data from the past six months.
Fastest way to send money from United States to Dominican Republic: Wise
Our data shows that Wise came up as the fastest way to send money from United States to Dominican Republic in 48.4% of searches. This makes them well suited to urgent USD to DOP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United States to Dominican Republic - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Dominican Republic from United States in 48.4% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send USD from United States to Dominican Republic, it’s the provider that will keep you safe and relaxed while your money moves into DOP.
Understanding the costs involved when moving money from United States to Dominican Republic
When calculating the costs of money transfers between United States and Dominican Republic, here's what really matters:
The Mid-Market Rate: Today, the USD-DOP mid-market rate equals to 58.449621 DOP per US Dollar.
The USD-DOP average exchange rate for the past three months has been 57.6989 DOP per US Dollar, with a high of 59.375 and a low of 56.0147.
When looking to send money, we'd recommend Wise. On average Wise is -0.085% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from USD to DOP.
How to find the best exchange rate for US Dollar to Dominican Peso
Timing is essential for sending money between USD and DOP. The exchange rate you secure impacts how much DOP you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to DOP has seen some fluctuation. On average, it stood at 57.6989.
During this period, the highest value recorded was 59.375, while the lowest was 56.0147.
Wise, which is our recommended service to send money online from United States to Dominican Republic offers an exchange rate that is only -0.085% above the mid-market rate.
Want to secure the best USD-Dominican Peso exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United States to Dominican Republic!
Payment methods available to fund your United States to Dominican Republic transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Dominican Republic and United States.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United States to Dominican Republic.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to DOP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.