How to send money to Dominican Republic from Canada with the best CAD-DOP rate

TapTap Send is the cheapest way to send money from Canada to Dominican Republic based on the 9 companies we analyzed, giving your recipient 43,700 DOP from CA$1,000.

Best companies for CAD/DOP transfers

9 of 9 providers

Last updated on 28 October 2026

Based on 1,000 CAD transfer

Best companies for CAD/DOP transfers

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Wise

Pay via Bank Transfer
Fees: $58.66 1 CAD = 42.7822 DOP +2.11% vs mid-market Recipient gets $40,272.60 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Dominican Republic with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$58.661 CAD = 42.7822 DOP
$40,272.60You pay$1,000.00
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WorldRemit

Pay via Debit Card
Fees: $3.99 1 CAD = 41.5870 DOP +4.94% vs mid-market Recipient gets $41,421.08 Next Day
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupNext Day
$3.991 CAD = 41.5870 DOP
$41,421.08You pay$1,000.00

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Showing top Canada to Dominican Republic deals for 1,000 CAD. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit Card
Fees: $3.99 1 CAD = 43.7000 DOP -0.01% vs mid-market Recipient gets $43,700.00 Minutes
CheapestFastest
Receive to bank account

Ways to receive money in Dominican Republic with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Card depositMinutesAvailable via:Pay To Card
$3.991 CAD = 43.7000 DOP
$43,700.00You pay$1,003.99
Cash pickupMinutesAvailable via:Caribe Express Cash Pickup
$6.991 CAD = 43.7000 DOP
$43,700.00You pay$1,006.99
Cash deliveryMinutes
$6.991 CAD = 43.7000 DOP
$43,700.00You pay$1,006.99

Remitly

Pay via Bank Transfer
Fees: $0.00 1 CAD = 43.6200 DOP +0.17% vs mid-market Recipient gets $43,620.00 Within a week
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with Remitly when paying by bank transfer.

MethodFee & ratesRecipient gets
Cash pickupWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00
Cash deliveryWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00
Bank depositWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00
Card depositWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00

Remitly

Pay via Interac
Fees: $0.00 1 CAD = 43.6200 DOP +0.17% vs mid-market Recipient gets $43,620.00 Within a week
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with Remitly when paying by interac.

MethodFee & ratesRecipient gets
Cash pickupWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00
Cash deliveryWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00
Bank depositWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00
Card depositWithin a week
Free1 CAD = 43.6200 DOP
$43,620.00You pay$1,000.00

Instarem

Pay via Interac
Fees: $0.00 1 CAD = 43.4612 DOP +0.53% vs mid-market Recipient gets $43,461.20 6-12 Hours
Receive to bank account

Ways to receive money in Dominican Republic with Instarem when paying by interac.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 43.4612 DOP
$43,461.20You pay$1,000.00

Paysend

Pay via Debit Card
Fees: $0.00 1 CAD = 43.3659 DOP +0.75% vs mid-market Recipient gets $43,365.88 6-12 Hours

Ways to receive money in Dominican Republic with Paysend when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 43.3659 DOP
$43,365.88You pay$1,000.00

Paysend

Pay via Credit Card
Fees: $0.00 1 CAD = 43.3659 DOP +0.75% vs mid-market Recipient gets $43,365.88 6-12 Hours

Ways to receive money in Dominican Republic with Paysend when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 43.3659 DOP
$43,365.88You pay$1,000.00

Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 43.1600 DOP +1.23% vs mid-market Recipient gets $43,160.00 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupWithin minutes
Free1 CAD = 43.1600 DOP
$43,160.00You pay$1,000.00
Cash deliveryWithin minutes
Free1 CAD = 43.1600 DOP
$43,160.00You pay$1,000.00
Bank depositWithin minutes
Free1 CAD = 43.1600 DOP
$43,160.00You pay$1,000.00
Card depositWithin minutes
Free1 CAD = 43.1600 DOP
$43,160.00You pay$1,000.00

Remitly

Pay via Credit Card
Fees: $20.00 1 CAD = 43.1600 DOP +1.23% vs mid-market Recipient gets $43,160.00 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Cash pickupWithin minutes
$20.001 CAD = 43.1600 DOP
$43,160.00You pay$1,020.00
Cash deliveryWithin minutes
$20.001 CAD = 43.1600 DOP
$43,160.00You pay$1,020.00
Bank depositWithin minutes
$20.001 CAD = 43.1600 DOP
$43,160.00You pay$1,020.00
Card depositWithin minutes
$20.001 CAD = 43.1600 DOP
$43,160.00You pay$1,020.00

Remitbee

Pay via Interac
Fees: $0.00 1 CAD = 42.7657 DOP +2.15% vs mid-market Recipient gets $42,765.70 Next Day
0 reviews

Ways to receive money in Dominican Republic with Remitbee when paying by interac.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 42.7657 DOP
$42,765.70You pay$1,000.00

Remitbee

Pay via Bill payment
Fees: $0.00 1 CAD = 42.7657 DOP +2.15% vs mid-market Recipient gets $42,765.70 Next Day
0 reviews

Ways to receive money in Dominican Republic with Remitbee when paying by bill payment.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 42.7657 DOP
$42,765.70You pay$1,000.00

Remitbee

Pay via Bank Transfer
Fees: $0.00 1 CAD = 42.7657 DOP +2.15% vs mid-market Recipient gets $42,765.70 Next Day
0 reviews

Ways to receive money in Dominican Republic with Remitbee when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 42.7657 DOP
$42,765.70You pay$1,000.00

Western Union

Pay via Debit Card
Fees: $0.00 1 CAD = 42.5513 DOP +2.65% vs mid-market Recipient gets $42,551.30 Next Day
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 42.5513 DOP
$42,551.30You pay$1,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 CAD = 42.5513 DOP +2.65% vs mid-market Recipient gets $42,551.30 Next Day
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 42.5513 DOP
$42,551.30You pay$1,000.00

Remitbee

Pay via Debit Card
Fees: $8.99 1 CAD = 42.7657 DOP +2.15% vs mid-market Recipient gets $42,381.24 Next Day
0 reviews

Ways to receive money in Dominican Republic with Remitbee when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
$8.991 CAD = 42.7657 DOP
$42,381.24You pay$1,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $5.99 1 CAD = 42.1616 DOP +3.57% vs mid-market Recipient gets $42,161.60 6-12 Hours

Ways to receive money in Dominican Republic with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickup6-12 Hours
$5.991 CAD = 42.1616 DOP
$42,161.60You pay$1,005.99
Cash delivery6-12 HoursAvailable via:BHD (DOP), Caribe Express (DOP)
$4.991 CAD = 42.1296 DOP
$42,129.60You pay$1,004.99
Bank deposit6-12 HoursAvailable via:All Banks (DOP), Banreservas, BHD (DOP)
$4.991 CAD = 42.0603 DOP
$42,060.30You pay$1,004.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $5.99 1 CAD = 42.1616 DOP +3.57% vs mid-market Recipient gets $42,161.60 6-12 Hours

Ways to receive money in Dominican Republic with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Cash pickup6-12 Hours
$5.991 CAD = 42.1616 DOP
$42,161.60You pay$1,005.99
Cash delivery6-12 HoursAvailable via:BHD (DOP), Caribe Express (DOP)
$4.991 CAD = 42.1296 DOP
$42,129.60You pay$1,004.99
Bank deposit6-12 HoursAvailable via:All Banks (DOP), Banreservas, BHD (DOP)
$4.991 CAD = 42.0603 DOP
$42,060.30You pay$1,004.99
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fees: $5.99 1 CAD = 42.1616 DOP +3.57% vs mid-market Recipient gets $42,161.60 6-12 Hours

Ways to receive money in Dominican Republic with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Cash pickup6-12 Hours
$5.991 CAD = 42.1616 DOP
$42,161.60You pay$1,005.99
Cash delivery6-12 HoursAvailable via:Caribe Express (DOP), BHD (DOP)
$4.991 CAD = 42.1296 DOP
$42,129.60You pay$1,004.99
Bank deposit6-12 HoursAvailable via:All Banks (DOP), BHD (DOP), Banreservas
$4.991 CAD = 42.0603 DOP
$42,060.30You pay$1,004.99
Only available via Mobile App

WorldRemit

Pay via Debit Card
Fees: $3.99 1 CAD = 41.5870 DOP +4.94% vs mid-market Recipient gets $41,421.08 Next Day
Receive to bank account or cash pickup

Ways to receive money in Dominican Republic with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupNext Day
$3.991 CAD = 41.5870 DOP
$41,421.08You pay$1,000.00

Wise

Pay via Bank Transfer
Fees: $58.66 1 CAD = 42.7822 DOP +2.11% vs mid-market Recipient gets $40,272.60 Within a week
Recommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Dominican Republic with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$58.661 CAD = 42.7822 DOP
$40,272.60You pay$1,000.00

Wise

Pay via Interac
Fees: $64.07 1 CAD = 42.7822 DOP +2.11% vs mid-market Recipient gets $40,041.14 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Dominican Republic with Wise when paying by interac.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$64.071 CAD = 42.7822 DOP
$40,041.14You pay$1,000.00

Wise

Pay via Debit Card
Fees: $68.67 1 CAD = 42.7822 DOP +2.11% vs mid-market Recipient gets $39,844.35 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Dominican Republic with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$68.671 CAD = 42.7822 DOP
$39,844.35You pay$1,000.00

Wise

Pay via Credit Card
Fees: $82.10 1 CAD = 42.7822 DOP +2.11% vs mid-market Recipient gets $39,269.78 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Dominican Republic with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$82.101 CAD = 42.7822 DOP
$39,269.78You pay$1,000.00
How Our Results Work
Mid-market rate: 1 CAD = 43.6942 DOP Updates every 60 minutes.

How to send money from Canada to Dominican Republic

Pick a company

Start with the cheapest, which is TapTap Send at 43,700 DOP on CA$1,000.

TapTap Send was the cheapest on 10 of the 30 days it quoted CA$1,000 transfers to Dominican Republic.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including debit card, interac, bank transfer, credit card, bill payment, and cash deposit.

Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.

Verify and send

First time round you'll need a photo ID, and often where the money came from.

Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.

Compare amounts

How much CAD are you sending to Dominican Republic?

How much CAD you send to Dominican Republic heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows TapTap Send was the cheapest in 34% of the transfers up to C$1,000 it quoted, and in 35% of all the transfers it quoted.

Cheapest service
$1000.01%$3.99$4,370.00with debit card to card deposit+$320.15
$5000.02%$3.99$21,850.00with debit card to card deposit+$761.76
$1,000This page-0.01%$3.99$43,700.00with debit card to card deposit+$1,401.47
$3,0002.68%$0.00$127,653.90with debit card to bank deposit+$701.46
$10,000-0.01%$3.99$437,000.00with debit card to card deposit+$14,605.40
$50,0000.02%$3.99$2,185,000.00with debit card to card deposit+$71,209.06

Mid-market rate: 1 CAD = 43.6942 DOP

CAD/DOP Exchange Rate History

Is today a good time to send money from Canada to Dominican Republic?

The cheapest way to send CAD to DOP can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's TapTap Send), across 30 days of comparisons for 1,000 CAD transfers to Dominican Republic.

DOP received for $1,000, after fees

Wed, Oct 28, 2026Mid-market rate$43,694.18 TapTap Send $43,700.00TapTap Send$43,700.00Remitly$43,620.00Instarem$43,461.20

41,000
42,000
43,000
44,000
45,000
At the mid-market rateWith the cheapest optionTapTap SendRemitlyInstarem
Exchange rateFees:Recipient getsDifference
Mid-market rate 41.9974 – $41,997.35
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 +$2.65
Remitly 41.5000 $0.00 $41,500.00 −$497.35
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 41.9607 – $41,960.72
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 +$39.28
Instarem 41.7091 $0.00 $41,709.10 −$251.62
Remitly 41.6800 $0.00 $41,680.00 −$280.72
Exchange rateFees:Recipient getsDifference
Mid-market rate 41.8491 – $41,849.06
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 +$150.94
Remitly 41.5000 $0.00 $41,500.00 −$349.06
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.2424 – $42,242.39
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 −$242.39
Remitly 41.8300 $0.00 $41,830.00 −$412.39
Instarem 41.7967 $0.00 $41,796.70 −$445.69
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.1450 – $42,145.05
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 −$145.05
Remitly 41.9000 $0.00 $41,900.00 −$245.05
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 41.8094 – $41,809.42
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 +$190.58
Remitly 41.8900 $0.00 $41,890.00 +$80.58
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 41.8012 – $41,801.15
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 +$198.85
Remitly 41.8000 $0.00 $41,800.00 −$1.15
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 41.9896 – $41,989.58
TapTap Send Cheapest 42.0000 $3.99 $42,000.00 +$10.42
Remitly 41.9500 $0.00 $41,950.00 −$39.58
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.3776 – $42,377.64
Remitly Cheapest 42.4600 $0.00 $42,460.00 +$82.36
TapTap Send 42.0000 $3.99 $42,000.00 −$377.64
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.2535 – $42,253.48
Instarem Cheapest 42.6108 $0.00 $42,610.80 +$357.32
Remitly 42.4900 $0.00 $42,490.00 +$236.52
TapTap Send 42.0000 $3.99 $42,000.00 −$253.48
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.4340 – $42,434.01
Instarem Cheapest 42.8480 $0.00 $42,848.00 +$413.99
Remitly 42.6700 $0.00 $42,670.00 +$235.99
TapTap Send 42.0000 $3.99 $42,000.00 −$434.01
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.4983 – $42,498.26
Western Union Cheapest 42.6050 $0.00 $42,605.01 +$106.75
Remitly 42.4800 $0.00 $42,480.00 −$18.26
TapTap Send 42.0000 $3.99 $42,000.00 −$498.26
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.4983 – $42,498.26
Instarem Cheapest 42.6218 $0.00 $42,621.80 +$123.54
Remitly 42.4800 $0.00 $42,480.00 −$18.26
TapTap Send 42.0000 $3.99 $42,000.00 −$498.26
Exchange rateFees:Recipient getsDifference
Mid-market rate 42.5305 – $42,530.52
Western Union Cheapest 42.6050 $0.00 $42,605.01 +$74.49
Remitly 42.5000 $0.00 $42,500.00 −$30.52
TapTap Send 42.0000 $3.99 $42,000.00 −$530.52
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Remitly Cheapest 43.7300 $0.00 $43,730.00 –
TapTap Send 42.0000 $3.99 $42,000.00 –
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.0797 – $43,079.67
Remitly Cheapest 43.9300 $0.00 $43,930.00 +$850.33
Instarem 42.9535 $0.00 $42,953.50 −$126.17
TapTap Send 42.0000 $3.99 $42,000.00 −$1,079.67
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.0463 – $43,046.34
Remitly Cheapest 43.8900 $0.00 $43,890.00 +$843.66
TapTap Send 42.0000 $3.99 $42,000.00 −$1,046.34
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.2595 – $43,259.48
Remitly Cheapest 44.0600 $0.00 $44,060.00 +$800.52
TapTap Send 42.0000 $3.99 $42,000.00 −$1,259.48
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.3926 – $43,392.59
Remitly Cheapest 44.2600 $0.00 $44,260.00 +$867.41
TapTap Send 42.0000 $3.99 $42,000.00 −$1,392.59
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.3926 – $43,392.59
Remitly Cheapest 44.2500 $0.00 $44,250.00 +$857.41
TapTap Send 42.0000 $3.99 $42,000.00 −$1,392.59
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.6560 – $43,656.05
Remitly Cheapest 44.3500 $0.00 $44,350.00 +$693.95
TapTap Send 42.0000 $3.99 $42,000.00 −$1,656.05
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.6844 – $43,684.39
Remitly Cheapest 44.3600 $0.00 $44,360.00 +$675.61
Instarem 43.4716 $0.00 $43,471.60 −$212.79
TapTap Send 42.0000 $3.99 $42,000.00 −$1,684.39
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.6784 – $43,678.43
Remitly Cheapest 44.3400 $0.00 $44,340.00 +$661.57
TapTap Send 43.2500 $3.99 $43,250.00 −$428.43
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Remitly Cheapest 44.3900 $0.00 $44,390.00 –
TapTap Send 43.2500 $3.99 $43,250.00 –
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.7603 – $43,760.26
Remitly Cheapest 44.3100 $0.00 $44,310.00 +$549.74
TapTap Send 43.2500 $3.99 $43,250.00 −$510.26
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.7731 – $43,773.13
Remitly Cheapest 43.9700 $0.00 $43,970.00 +$196.87
Instarem 43.5547 $0.00 $43,554.70 −$218.43
TapTap Send 43.2500 $3.99 $43,250.00 −$523.13
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.7731 – $43,773.13
Remitly Cheapest 43.9600 $0.00 $43,960.00 +$186.87
TapTap Send 43.2500 $3.99 $43,250.00 −$523.13
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.6823 – $43,682.34
Remitly Cheapest 43.9400 $0.00 $43,940.00 +$257.66
TapTap Send 43.2500 $3.99 $43,250.00 −$432.34
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.7418 – $43,741.77
TapTap Send Cheapest 43.7000 $3.99 $43,700.00 −$41.76
Remitly 43.5800 $0.00 $43,580.00 −$161.76
Instarem 43.4877 $0.00 $43,487.70 −$254.07
Exchange rateFees:Recipient getsDifference
Mid-market rate 43.6942 – $43,694.18
TapTap Send Cheapest 43.7000 $3.99 $43,700.00 +$5.82
Remitly 43.6200 $0.00 $43,620.00 −$74.18
Instarem 43.4612 $0.00 $43,461.20 −$232.98

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $1,000, after fees, as quoted by each company. The mid-market line shows what $1,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more DOP per CAD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 25 of the last 30 days.

Right now, TapTap Send pays 43,700 DOP on 1,000 CAD, which is 5.82 DOP more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 44,390 DOP.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Dominican Republic.

We've tracked 180 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. TapTap SendAppeared in 171 comparisons

    Cheapest in 35% of them

  2. RemitlyAppeared in 95 comparisons

    Cheapest in 54% of them

  3. InstaremAppeared in 30 comparisons

    Cheapest in 20% of them

Based on 180 comparisons across 6 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today TapTap Send is the cheapest and gets you the most DOP, but it was the cheapest in only 35% of the 171 comparisons it appeared in over the past month.

Remitly (today's second cheapest) was the cheapest in 54% of its comparisons, so if you send money to Dominican Republic regularly, it's worth comparing it with TapTap Send before each transfer.

If it's a one-off transfer, go with TapTap Send, since it's the cheapest right now.

Ways to send money from Canada to Dominican Republic

There are 9 companies sending money to Dominican Republic, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$1,000 in cash to the closest Remitly location, and your recipient picks up 43,620 DOP within minutes.

Our data shows Remitly came out cheapest among in-person options on 63% of days in the past month.

Cash transfers cost more

Cash transfer to Dominican Republic is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.

TapTap Send charges CA$0 in fees and adds -0.01% markup, so your CA$1,000 delivers 43,700 DOP in minutes.

Over the past month, TapTap Send was the cheapest app on 33% of the days it appeared for CA$1,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 9 companies we compared, Remitly is the cheapest online service and currently gets you 43,620 DOP on a CA$1,000 transfer after a CA$0 fee and 0.17% markup.

In our comparisons over the past month, it was the cheapest online service on 17 of the 30 days it quoted.

Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.

For large transfers from Canada

Currency brokers

For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.

For large transfers (CA$15,000+), brokers like Currencies Direct or RegencyFX charge no fee, but add a margin that gets lower the more you send. Run a live search with your real amount to see it.

If you're sending large amounts, expect more questions about the transfers, so have statements and documents ready to avoid delays.

For businesses paying abroad

Global accounts

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in DOP.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

For spending abroad and getting paid

Multi-currency accounts

If part of your life runs in DOP, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.

Wise lets you hold CAD and DOP, and convert between them at low cost.

For example, converting $1,000 costs $58.66 in fees at 2.11% markup, which gets you 40,272.6 DOP.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund CAD and receive DOP in Dominican Republic

With TapTap Send, paying by debit card and receiving through card deposit is the cheapest combination. Sending CA$1,000 gives your recipient 43,700 DOP.

Deposit CAD using debit card, interac, bank transfer, credit card, bill payment, and cash deposit.

I suggest using Interac e-Transfer for simplicity

Follow the company's Interac instructions and check the business name before sending.

Do not send to an email address supplied outside the company's app or website.

The recipient can receive DOP through bank deposit, cash pickup, cash delivery, and card deposit.

For a bank deposit payout, you will need the recipient's bank details in Dominican Republic.

  1. 1
    debit card Card deposit

    You pay CA$1,003.99

    RD$43,700

    Cheapest

  2. 2
    debit card Cash pickup

    You pay CA$1,006.99

    RD$43,700

    RD$0

  3. 3
    debit card Cash delivery

    You pay CA$1,006.99

    RD$43,700

    RD$0

  4. 4
    Bank transfer Cash pickup

    You pay CA$1,000.00

    RD$43,620

    -RD$80

  5. 5
    Bank transfer Cash delivery

    You pay CA$1,000.00

    RD$43,620

    -RD$80

Show moreShow less
  1. 6
    Bank transfer Bank deposit

    You pay CA$1,000.00

    RD$43,620

    -RD$80

  2. 7
    Bank transfer Card deposit

    You pay CA$1,000.00

    RD$43,620

    -RD$80

  3. 8
    Interac Cash pickup

    You pay CA$1,000.00

    RD$43,620

    -RD$80

  4. 9
    Interac Cash delivery

    You pay CA$1,000.00

    RD$43,620

    -RD$80

  5. 10
    Interac Bank deposit

    You pay CA$1,000.00

    RD$43,620

    -RD$80

  6. 11
    Interac Card deposit

    You pay CA$1,000.00

    RD$43,620

    -RD$80

  7. 12
    debit card Bank deposit

    You pay CA$1,000.00

    RD$43,366

    -RD$334

  8. 13
    credit card Bank deposit

    You pay CA$1,000.00

    RD$43,366

    -RD$334

  9. 14
    credit card Cash pickup

    You pay CA$1,020.00

    RD$43,160

    -RD$540

  10. 15
    credit card Cash delivery

    You pay CA$1,020.00

    RD$43,160

    -RD$540

  11. 16
    credit card Card deposit

    You pay CA$1,020.00

    RD$43,160

    -RD$540

  12. 17
    Bill payment Bank deposit

    You pay CA$1,000.00

    RD$42,766

    -RD$934

  13. 18
    Cash deposit Cash pickup

    You pay CA$1,005.99

    RD$42,162

    -RD$1,538

  14. 19
    Cash deposit Cash delivery

    You pay CA$1,004.99

    RD$42,130

    -RD$1,570

  15. 20
    Cash deposit Bank deposit

    You pay CA$1,004.99

    RD$42,060

    -RD$1,640

Consider this when sending CAD to Dominican Republic

Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.

Compare CAD/DOP transfer options

For a CA$1,000 transfer to Dominican Republic, these are the cheapest, fastest and easiest options available now.

Best way to send money to Dominican Republic

TapTap Send is the cheapest and easiest option, funded by debit card with card deposit for the payout. Your recipient gets 43,700 DOP, which is 0.18% more than the next best option.

Fastest way to send money to Dominican Republic

TapTap Send is fastest when you pay by debit card and choose card deposit for the payout. The transfer delivers 43,700 DOP in minutes.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in Dominican Republic.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

There is no C$10,000 legal cap on electronic transfers from Canada.

A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.

The bank or transfer company makes that report, you do not file it yourself.

But you may be asked for proof of where the money came from.

Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.

Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.

CDIC protection

Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.

Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.

If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.

If you live in Quebec, also confirm that it is allowed to provide money services there.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 9 FINTRAC-registered companies sending CAD to Dominican Republic, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 180 comparisons across 6 amounts.

This page covers the cheapest and fastest options for CAD/DOP transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.