"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 73.9% of Dominican Republic to the United States searches in the last 6 months, and was the top rated company out of 5 that support DOP to USD.
So for a great blend of cost, speed & features, make your Dominican Republic to the United States transfer using Wise.
How to get the best deal on sending money from Dominican Republic to United States
Get the most from sending money from Dominican Republic to United States
Comparing providers offering services between Dominican Republic and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire DOP-USD market and have compared 5 providers offering services between Dominican Republic and the United States.
This ensures you will get the most comprehensive options for sending Dominican Peso to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Dominican Republic to the United States transfer needs.
Cheapest way to transfer money from Dominican Republic to United States: Wise
Data collected over the past six months shows that Wise is 1.2% cheaper than the second-best option.
This includes an average transfer fee of 16.67* DOP an exchange rate for buying US Dollar with Dominican Pesos that is 0% different to the mid-market rate.
If you want to secure the best rates on transfers from Dominican Republic to United States, Wise will result in the most US Dollar received.
*The most common fee applied to DOP-USD by Wise, based on data from the past six months.
Fastest money transfers to the United States from Dominican Republic: Wise.
Through our comparison, we found Wise to be the fastest option for sending Dominican Peso to US Dollar 59.8% of the time. For fast transfers between DOP and USD, Wise is a great option.
When sending money from Dominican Republic to the United States, Wise has an average fee of 8.42 DOP. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 5 money transfer providers offering Dominican Republic to the United States transfers for overall speed. This included transfer times to after depositing Dominican Peso to a money transfer account.
When you want the fastest way to send, Wise is our recommended choice for Dominican Republic to the United States transfers.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of US Dollar to the United States out of 5 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to the United States from Dominican Republic has the potential to be very expensive.
Wise is our choice for big transfers to DOP because of all round price, speed and management when making large transfers.
Understanding the cost of money transfers from Dominican Republic to United States
The total cost of sending money to United States from Dominican Republic is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for DOP-USD is 0.0164 USD per Dominican Peso.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Dominican Pesos.
Over the last three months, the average DOP-USD mid-market rate has seen each Dominican Peso worth 0.0167 USD. Within this we see a high of 0.0171, and a low of 0.0165.
Of the 5 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting DOP to USD.
Fees: When sending money you may have to pay fees. Instarem has had an average fee of 16.67 DOP per transfer over the last 6 months, the lowest of the 5 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Dominican Republic.
Getting best exchange rate for sending Dominican Peso to US Dollar
Timing is essential when tracking the mid-market rate between DOP and USD. The end exchange rate you secure impacts how much USD you get for your DOP.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from DOP to USD was 0.0167.
During this period, it hit a high of 0.0171, and a low of 0.0165.
Wise, which is our recommended service to send money online from Dominican Republic to the United States offers an exchange rate that is only 0% above the mid-market rate.
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How to pay for money transfers between Dominican Republic and United States
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Dominican Republic.
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 Dominican Republic to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send DOP to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.