Deposit USD by bank transfer, debit card, credit card, and cash deposit.
The simplest way is to pay from your US checking account
Pay by bank transfer using your routing and account numbers.
An ACH payment is usually cheaper than a card, but the it may take some time for it to clear before a money transfer company can send the money to Dominican Republic.
You can deposit cash
You'll need to visit nearest MoneyGram branch and had over $7,000.
MoneyGram is the cheapest option and will get you 408,576.7 DOP on $7,000 transfer after fees.
Transfers funded with physical cash are subject to the 1% US remittance transfer tax, but funding from a US bank account or with a US-issued debit or credit card is exempt.
Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Dominican Republic.
Your recipient in Dominican Republic can collect DOP through bank deposit, cash pickup, card deposit, and cash delivery.
They can collect cash in Dominican Republic
Your recipient can collect DOP from a participating MoneyGram location in Dominican Republic.
They should take a valid photo ID and the collection reference, and check that the name on the transfer matches their ID.
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