Overall best way: Wise
We tested & reviewed 11 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 98.3% of United States to Dominican Republic searches, and was the top rated company supporting payments the United States into Dominican Peso.
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 sending money from United States to Dominican Republic
Considerations for sending money from United States to Dominican Republic
Always compare ways to send money from the United States to Dominican Republic to get the best options for fees, speed, and reliability.
Our analysis included 11 providers that operate between United States and Dominican Republic.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Dominican Republic.
Cheapest way to send money from the United States to Dominican Republic: Revolut
On average, Revolut fees were 0* USD per transfer and customers would expect an exchange rate between USD-DOP that is 0.11% different to the mid-market rate
Against the others tested, Revolut is % cheaper than the second-best option.
To secure a cheap way to transfer USD to Dominican Republic, Revolut is our recommendation.
*The most common fee applied to USD-DOP by Revolut, based on data from the past six months.
Fastest way to send money to Dominican Republic from the United States: Paysend
Our comparison shows Paysend is the fastest option for sending US Dollar into Dominican Peso 40.1% of the time. For urgent USD to DOP money transfers, they’re our recommended choice.
A USD-Dominican Peso transfer through Paysend comes with an average 0 USD fee.
To ensure Paysend was the 'fastest' option we compared 11 providers. This comparison was for overall speed of sending money from the United States to Dominican Republic and is a combination of depositing US Dollar, transfer times to Dominican Republic and withdrawal timeframes where applicable.
When speed is a priority, Paysend is the top choice for sending into Dominican Republic from the United States.
Sending large sums of money?
Of the 11 companies tested, Wise is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Dominican Republic from United States can be expensive.
Wise is our choice for big transfers to USD because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money from United States to Dominican Republic
When calculating the costs of money transfers between United States and Dominican Republic, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the USD-DOP mid-market rate equals 60.4264 DOP per US Dollar.
For reference, the USD-DOP average mid-market rate for the past three months has been 59.4358 DOP per US Dollar, with a high of 60.5501 and a low of 57.9103.
The company offering the best exchange rate is Wise.
Often the USD-DOP exchange rate you receive is the bigger factor than how much it costs to send US Dollars to Dominican Republic.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Revolut, averaging 0 USD over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Dominican Peso is the biggest indicator the total cost of sending money from the United States to Dominican Republic. Essentially, the more the recipient receives in Dominican Republic, the less it is costing to send from the United States.
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 59.4358.
During this period, the highest value recorded was 60.5501, while the lowest was 57.9103.
Wise, which is our recommended service to send money online from United States to Dominican Republic offers an exchange rate that is only 0% above the mid-market rate.
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United States to Dominican Republic money transfer payment methods
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.