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Travellers Checks

tappers

Hi Folks, do most places in the DR take traveller's checks? How about Grocery stores?

Thanks!

See also

Banking and finance in the Dominican RepublicCredit cards and other ways to pay billsRecent Experience Opening Bank Account in Santo DomingoPros and Cons between Scotiabank and Banco Popular?Dollar shortage
Bob K

Almost NO place will accept traveler's checks. They are just about useless here. If you can find someone to do so there will be a huge fee (generally 20%) and you will get a bad exchange rate on top of that.  My advice is to leave them at home.

If you don't like taking cash then use your ATM cards here. You will get a good rate on the exchange (usuallly) as well. However do notify your bank you are traveling here or they will put a hold on you card the first time you use it fearing fraud.

Bob K

tappers

Bob, that's great advice, thank you. We ran into the same thing when we travelled to Panama a couple of years ago.

Take care,

Terry

Bob K

Terry I noticed a ?Dominican Flag. Are you thnking of moving here?  If so send me PM

Bob K

RD_Gringa

I wrote a story about cashing travelers checks on my Dominican Gringa blog. . It is not easy getting travelers checks cashed.