Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁
Sending money is rarely just a transaction. It often carries care, urgency, or gratitude in a digital envelope. That’s why finding the best way to send money to Dominican Republic can feel personal. Every choice affects how quickly your loved ones receive support and how much they actually get after fees.
The options might seem overwhelming at first, but once you know what to look for, the process becomes simple. Some platforms focus on speed, while others emphasize low fees or flexible delivery methods. The trick is knowing which one matches your needs the most.
One name gaining attention is Ogvio, a money transfer platform that could reshape global transfers with its speed and low-to-no fees.
That said, here are the platforms I’ll cover today:
- Ogvio - Best for Instant, Low-Fee Peer Transfers
- Wise - Best for Transparent Rates and Global Accessibility
- Xoom - Best for Familiar PayPal-Linked Transfers
- Remitly - Best for Quick and Affordable Transfers
- Xe - Best for Large Transfers With Trustworthy Credentials
- WorldRemit - Best for Fast Personal Remittances
- MoneyGram - Best for Cash Pickup and Home Delivery
- Western Union - Best for Broad Reach and Trusted Reliability
Let’s dive in and find out which one might be your ideal match!
1. Ogvio - Best for Instant, Low-Fee Peer Transfers
Ranks #1 out of 8 Money Transfer Services
- + Remittance-oriented
- + Instant transfers
- + Incremental-to-no fees
- + Crypto support
- + @Tag functionality
- + Free transfers between users
- - No card (coming soon)
If you are searching for the best way to send money to Dominican Republic, Ogvio is one of the most buzzed-about newcomers to watch.
The platform offers instant peer transfers, low incremental fees on most routes, and a simple send flow designed to make cross-border payments feel effortless. And instead of adding extra charges for instant delivery like most providers, Ogvio aims to reverse that trend.
|
|
|---|---|
|
Bank - free Crypto - free Card - varies |
|
| Varies | |
|
|
|
|
| Visit site Read review |
Table: Ogvio fees
As you can see in the table, peer transfers inside Ogvio are completely free. Adding to that, crypto trades within the app also carry zero trading fees. Even when a small fee applies, Ogvio displays it upfront, and it is expected to be among the lowest in the market.
Security-wise, Ogvio says it loud and proud on its website:
Funds are stored safely on-chain in secure vaults immune to hidden access or interference. No banks, no middlemen.
What that looks like in action is on-chain smart contract vaults keeping your funds safe, combined with AES-256 encryption and biometric authentication.
Additionally, light Know Your Customer (KYC) complements this setup by allowing most users to verify without documents or face scans. If privacy matters to you, this is good news, though requirements may vary by location, and some limits could apply.
📚 Read More: What is a Smart Contract?
Now that you’ve seen the highlights, here are a few quick pros and cons to keep on your radar:
Pros | Cons |
|---|---|
✓ Free, instant P2P transfers | ✗ Mobile app is still not available (TBA) |
✓ USD and EUR balances to protect value | |
✓ Zero-fee crypto trades | |
✓ Social style @Tag feature for transfers |
Table: Ogvio’s pros and cons
If you like the sound of near-instant, low-cost transfers, try out Ogvio and experience one of the cheapest ways to send money to Dominican Republic.
Consider a tiny side quest: BitDegree’s Airdrop Season 8 is currently running with a $15,000 prize pool. Early Ogvio users who complete missions and referrals can earn Bits along the way.
2. Wise - Best for Transparent Rates and Global Accessibility
Ranks #2 out of 8 Money Transfer Services
- + Transparent fees
- + Fair exchange rates
- + A smooth user experience
- + Multi-currency accounts
- - Service coverage is broad, but not entirely worldwide
- - Cash pickups aren’t available
- - Added compliance checks for large transfers
At the time of writing, more than 14 million people use Wise to move money across 40 currencies. That scale reflects both trustworthiness and global reach, two things that matter deeply when choosing the best way to send money to Dominican Republic.
Transfers through Wise use the mid-market exchange rate, the same one you’d see on Google. There are no hidden markups. Instead, Wise applies a small fee that starts around 0.33% of the total amount, depending on the route and payment method.
|
|
|---|---|
|
Bank - free Card - varies SWIFT - varies |
|
|
|
|
|
|
|
| Visit site Read review |
Table: Wise fees
Bank transfers tend to be cheaper, while card payments may cost a little more. Though, you can lock in an exchange rate for up to 48 hours, which helps protect your transfer from sudden market swings.
Those who prefer to hold multiple currencies may appreciate Wise's multi-currency account. The same account comes with a linked debit card that supports local spending and ATM withdrawals abroad.
Moreover, business owners can take advantage of batch payments or Wise’s API to handle larger transfers. The batch payments process up to 1,000 transactions at once through a simple CSV upload, which saves a lot of manual work.
The Wise API provides automation for frequent transfers, ideal for teams paying vendors or freelancers abroad. These tools make Wise not just consumer-friendly but also business-ready for regular remittances to countries like the Dominican Republic.
Here’s a quick look at the main pros and cons of using Wise for transfers:
Pros | Cons |
|---|---|
✓ Fees starting at 0.33% | ✗ Limited free ATM withdrawals per month |
✓ Mid-market exchange rate with no markup | |
✓ Rate lock for stable transfers | |
✓ Recurring and batch payments available for businesses |
Table: Wise’s pros and cons
All in all, the lack of cash pickup options may limit convenience for some users. Even with that drawback, its transparent fees and reliable speed make it one of the easiest ways to transfer money to the Dominican Republic.
3. Xoom - Best for Familiar PayPal-Linked Transfers
Ranks #3 out of 8 Money Transfer Services
- + Usually delivers in minutes
- + PayPal integration
- + Multiple payouts options
- + Extras: bill pay and mobile airtime
- - High fees and markups
- - No live chat
Among all the ways people hunt for the best way to send money to Dominican Republic, Xoom hits the sweet spot between convenience and comfort. It’s powered by PayPal, so the interface feels familiar right away.
You can transfer money to Dominican Republic through bank deposits, mobile wallets, or good old-fashioned cash pickup. Some areas even support home delivery via partners like ReD and Caribe Express. Here’s where you can use Xoom to send money to Dominican Republic, along with the supported currencies:
|
|
|---|---|
US
CanadaUK +150 more |
|
|
EN DE ES +13 more |
|
CAD
EUR
USD
GBP |
|
|
Fiat-only |
|
| Visit site |
Table: Xoom service coverage
Another handy touch is how Xoom remembers your previous recipients. Say you reload your mom’s phone or pay a family member’s bill every month. The app preloads those details automatically the next time you log in.
The fees, however, vary depending on your payment and delivery choices. Xoom charges differently when you pay with a card versus a bank account, and the rates can shift slightly based on how the recipient gets the funds.
There’s also a “currency conversion spread” added on top of the mid-market exchange rate, essentially Xoom’s way of earning from each transfer.
To its credit, though, Xoom has a built-in calculator that clearly shows the total cost before you send anything, which makes budgeting a lot easier.
Now that you’ve got the gist, here’s how Xoom stacks up:
Pros | Cons |
|---|---|
✓ Backed by PayPal’s trusted infrastructure | ✗ Exchange rate margins can add up |
✓ Real-time status tracking and text updates | |
✓ Convenient repeat transfer setup | ✗ Limited transparency on conversion spreads |
✓ Option to pay international bills and reload phones |
Table: Xoom’s pros and cons
Xoom works best for users who already trust PayPal and want something fast, secure, and easy to manage. It might not win every price comparison, but for peace of mind and reliability, it’s a dependable way to transfer money to Dominican Republic.
📚 Read More: A Guide to Buy Crypto With PayPal
Did you know?
All Money Transfer Services may look similar to you, but they're NOT all the same!
4. Remitly - Best for Quick and Affordable Transfers
Ranks #4 out of 8 Money Transfer Services
- + Great platform accessibility
- + 170+ receiving countries
- + Home delivery available
- + Major and local payout options
- - Escalating FX rates
- - Confusing fees
If you’re exploring the best way to send money to Dominican Republic, Remitly might be one of the easiest to get comfortable with.
Founded in Seattle back in 2011, it has grown into one of the world’s largest remittance platforms, trusted by more than 8.5 million users (as of writing).
|
|
|---|---|
| 2011 | |
| Matt Oppenheimer, Josh Hug, Shivaas Gulati | |
|
|
|
| FinCEN, FCA, DIFR | |
| Visit site Read review |
Table: Remitly company info
On top of that, the app runs in over 100 currencies, with partners in the Dominican Republic such as Caribe Express, Banco BHD León, and Banreservas for cash pickup and home delivery.
A detail I particularly like is the flexibility in delivery speed. You can choose between Express transfers, which reach your recipient in minutes, or Economy transfers, which come with lower fees and a slightly longer wait.
When sending from USD to DOP, the Economy option starts at $2.99, while Express transfers begin at $4.99. Fees for both options rise as the transfer amount grows, though Express increases more steeply and can reach double or triple the Economy cost. This pricing structure can make Remitly less attractive for users seeking the cheapest way to send money to Dominican Republic.
With Remitly’s Delivery Time Guarantee, transfers that miss their scheduled arrival automatically qualify for a fee refund.
There are also some limitations on transfer size depending on your verification level. Users without full ID or address verification might be capped at a few thousand dollars per month, which is fine for family remittances but can be restrictive for business transactions.
On the bright side, Remitly also supports business accounts, which can send payments in more than 100 currencies to global vendors, freelancers, or contractors - all within one dashboard.
Here’s a quick summary of where Remitly shines and where it still has room to improve:
Pros | Cons |
|---|---|
✓ Business accounts | ✗ Express fees rise with higher amounts |
✓ Express and Economy transfer options | |
✓ Cash pickup and home delivery available in Dominican Republic | ✗ Limited transfer size without full account verification |
✓ Delivery Time Guarantee |
Table: Remitly pros and cons
All things considered, I'd say Remitly suits those who value convenience and reliability over chasing the absolute lowest rate.
5. Xe - Best for Large Transfers With Trustworthy Credentials
Ranks #5 out of 8 Money Transfer Services
- + Extensive global coverage
- + Real-time exchange rate tools
- + Rate alert features
- + Currency chart tools
- + Cash pickup option
- - Variable fees for certain payments
- - No physical or virtual card
Xe was founded in 1993, long before most digital transfer services were even an idea. Originally launched as Xenon Laboratories, it introduced the Universal Currency Converter in May 1995, which quickly became the world’s most popular currency site.
By September 2000, the company decided to focus entirely on currency and foreign exchange tools and services. In June 2015, Xe became part of Euronet Worldwide, a NASDAQ-listed global provider of electronic payment and transaction processing solutions for financial institutions, retailers, service providers, and individual consumers.
|
|
|---|---|
| 1993 | |
| Beric Farmer, Steve Dengler | |
|
|
|
| FCA, DNB, NYDFS, NMLS, FINTRAC, ASIC | |
| Visit site Read review |
Table: Xe company info
As of writing, Xe’s Trustpilot rating stands at 4.4/5, suggesting that most users are satisfied with its service. It’s one of the established names for people who want to transfer money to Dominican Republic securely and at competitive rates. The company describes its mission simply:
To offer you the easiest, most reliable, and friendliest money transfer service available.
A major advantage is its cash pickup option, available exclusively through the Xe mobile app. With this feature, recipients in the Dominican Republic can collect their funds from partnered locations across the country, which is especially useful for those without a local bank account.
However, fee transparency is where Xe feels slightly less consistent. The company does not post a fixed fee schedule. Instead, it calculates costs based on transfer size, method, and destination.
Xe applies its own exchange rate, which includes a margin above the mid-market rate. Although this may result in slightly less favorable conversion, the platform ensures that users see the final rate and total cost before confirming the transfer.
Now that you’ve got a sense of how Xe operates, here’s a quick recap of the highlights and drawbacks:
Pros | Cons |
|---|---|
✓ Transfers up to USD 535,000 | ✗ Exchange rates include a markup |
✓ Cash pickup available in Dominican Republic | |
✓ Scheduling up to two years ahead | ✗ The platform’s interface can feel outdated |
✓ Operates under multiple international financial licenses |
Table: Xe’s pros and cons
Xe’s slightly higher rates might deter those chasing for lower cost, but the credibility and user-friendliness make it a strong option for anyone learning how to send money to Dominican Republic from US or any other corner in the world.
6. WorldRemit - Best for Fast Personal Remittances
Ranks #6 out of 8 Money Transfer Services
- + Fast money transfers
- + Wide international coverage
- + Multiple payout methods
- + Licensed in multiple countries
- - Limited overseas bank support
- - Fluctuating transfer costs
WorldRemit was founded in 2010 by Ismail Ahmed, who once struggled with high fees and slow remittance processes while studying in London. His experience inspired him to create a faster and fairer way for people to send money home.
As of writing, WorldRemit serves over 5.7 million users and supports 70 currencies. Its easy-to-use system and fast delivery times make it one of the strong choices for anyone who wants to transfer money to Dominican Republic for family, friends, or small business needs.
|
|
|---|---|
| 2010 | |
| Ismail Ahmed, Catherine Wines, Richard Igoe | |
|
|
| FCA, AMF, FinCEN | |
| Visit site Read review |
Table: WorldRemit company info
Recipients in the Dominican Republic can collect funds through several methods, including bank deposits, mobile wallets on supported networks, and cash pickups through WorldRemit’s partner agents across the country. However, money collection depends on whether the payout is in DOP or USD.
For DOP collections, recipients can visit:
- Banco BHD León
- Banco Adopem
- Banfondesa
- Caribe Express
- And more
Meanwhile, those receiving in USD can simply visit any Banco BHD León branch to collect their money, while others can choose from a range of pickup and deposit options. With so many choices, both senders and recipients have the freedom to pick what feels most accessible.
Speed also matters, and that’s where WorldRemit performs well. The company states that most transactions arrive within minutes, and progress can be tracked easily through your account or app notifications. That said, the maximum is usually DOP 153,000, but personal transfers still fall within a practical range.
Now, let’s go over the pros and cons of using WorldRemit with the table below:
Pros | Cons |
|---|---|
✓ Transfers land within minutes | ✗ Exchange rates include a markup |
✓ Cash pickup available in Dominican Republic | |
✓ Real-time transfer tracking and notifications | ✗ No dedicated business account tier |
✓ Supported by multiple government-issued financial licenses |
Table: WorldRemit’s pros and cons
For people seeking the easiest way to manage routine transfers, WorldRemit keeps the process light and speedy. Its upfront pricing and broad payout network can simplify how you handle payments abroad.
7. MoneyGram - Best for Cash Pickup and Home Delivery
Ranks #7 out of 8 Money Transfer Services
- + Over 350,000 agent locations worldwide
- + Fast cash transfers
- + Multiple send and receive options
- + Wide currency support
- - Applies exchange rate markup
- - ACH transfers take days to arrive
MoneyGram has been around since 1998 and, as of writing, has already served over 150 million people in the past five years. If you've been asking, “How can I send money to Dominican Republic?” MoneyGram is definitely one of the most dependable and accessible options available.
With a 4.9-star rating on the App Store, MoneyGram’s app continues to attract a fast-growing user base. It has also expanded its receiving options for transfers to Dominican Republic through collaborations with leading mobile wallet and card providers.
|
|
|---|---|
| 1998 | |
| Merged company | |
|
|
|
| FinCEN, MTLs, NYDFS, FCA, BE | |
| Visit site |
Table: MoneyGram company info
Transfers to the Dominican Republic can be delivered through several channels. Recipients can pick up cash at partnered locations such as Banco Múltiple Ademi, Banco Popular Dominicano, and Banco Unión, or receive money directly into their bank account or mobile wallet.
Home delivery is also an option in select areas, giving families in smaller towns a convenient way to receive funds without visiting a branch. These varied payout methods give senders the flexibility to choose how their recipients receive money based on their daily needs.
The cost structure is variable, so the best approach is to use MoneyGram’s online calculator before confirming the transaction. Fees depend on several factors, including the amount sent, the destination country, and the chosen transfer method.
The platform keeps all the fee details visible before payment confirmation, so senders know the exact cost upfront. Transfer limits, on the other hand, depend on how the money is sent.
Deposits to Banreservas accounts are capped at USD 3,000 per transfer, while deposits to Banco BHD, other local banks, and home-delivery payouts can go up to USD 10,000 per transfer.
Unfortunately, recurring automated payments are not available. However, the “Send again” option stores past transfer details, allowing you to reinitiate payments with minimal input. This can be helpful for regular transfers to family or suppliers in the Dominican Republic.
Let’s take a moment to review MoneyGram’s pros and cons.
Pros | Cons |
|---|---|
✓ Crypto support | ✗ No automated recurring transfers |
✓ Cash pickup and home delivery available | |
✓ Business accounts | ✗ The mobile app can feel slow during peak hours |
✓ Payment scheduling feature |
Table: MoneyGram’s pros and cons
Overall, the absence of automatic recurring transfers may also be less convenient for frequent senders. Even so, the platform remains one of the most dependable ways to complete cross-border payments, especially for remittances to the Dominican Republic.
8. Western Union - Best for Broad Reach and Trusted Reliability
Ranks #8 out of 8 Money Transfer Services
- + An established money transfer service
- + Available in most countries
- + Multiple delivery types, including cash pickup
- + Various ways to fund a transfer
- - High fees and exchange rate markup
- - Outdated app interface
- - Doesn't allow long-term fund storage
Western Union’s legacy in cross-border payments spans more than 100 years, built on the goal of connecting people financially wherever they are.
Its mission to simplify financial access continues today, giving people practical options to send money to Dominican Republic through either online transfers or thousands of physical agent locations.
|
|
|---|---|
|
|
|
|
|
|
| Visit site Read review |
Table: Western Union asset movement
In the Dominican Republic, your recipient can collect the money through bank deposit, cash pickup, or even home delivery. The wide range of receiving options is one of its strongest points, particularly in regions where not everyone has access to bank accounts.
Through Western Union’s partner Vimenca, recipients can have funds delivered right to their doorstep, with the choice to receive either Dominican pesos or US dollars.
Transfers sent early in the day can even reach homes in Santo Domingo or other major cities on the same day. For many families, this can be a game-changer, especially for elderly relatives who prefer not to travel to pickup points.
Transaction limits are another important detail to note. You can send up to USD 14,999.99 or the equivalent in Dominican pesos within a 30-day period.
In addition, senders can complete up to four transfers in a single day, while receivers can process five within 24 hours and ten within 15 days. These restrictions are in place to maintain compliance and security standards.
Here’s a brief look at Western Union’s pros and cons:
Pros | Cons |
|---|---|
✓ Supports major Dominican Republic banks for direct deposits | ✗ Fees can be higher for fast or card-funded transfers |
✓ Business transfers support | |
✓ Reliable system backed by decades of global operations | ✗ No automated recurring transfer feature |
✓ Extensive network of 470,000+ agent locations |
Table: Western Union’s pros and cons
Western Union is well-suited for senders who value company reputation and personal interaction. Its physical presence across the Dominican Republic provides reassurance, especially for families who rely on cash pickups or home delivery.
Still, those seeking lower exchange margins or transparent fee structures may find it less ideal. Speed and accessibility come with a price, and the process for higher transfers can feel slow at times due to documentation checks.
How to Send Money to Dominican Republic From UK
Before you hit "send", it helps to know what your money is walking into. The Dominican Republic leans heavily on remittances: they make up roughly 8-9% of GDP and more than $11 billion per year, so banks and payout partners are very used to handling support from relatives abroad.
From the UK, expect total costs to be roughly in line with the global average unless you pick a very efficient app, such as Ogvio, which even offers fee-free transfers.
Now, your recipient can often pay in US dollars in tourist zones, but pesos usually stretch further. Shops and taxis may apply their own dollar-to-peso rates, so sending DOP straight to a local bank or payout partner usually avoids extra conversion losses and gives your family a clearer idea of what they'll receive.
For larger transfers, both UK and Dominican rules can trigger extra questions about the source of funds. Keep payslips, invoices, or sale agreements handy in case your provider asks for proof. Using a modern app like Ogvio also keeps everything digital and traceable, which tends to speed up compliance checks on both sides.
That said, here's a quick cheat sheet for UK to Dominican Republic transfers:
What to watch | What it means for you |
|---|---|
Typical total cost | Digital routes often land around 4-6% total cost; cash and classic bank wires can creep closer to 7-8%. |
Currency choice | If your family mostly shops locally, sending pesos to a bank account helps them avoid tourist rates. |
Expected speed | Card-funded or in-app transfers are often same-day, while SWIFT bank transfers from the UK can still take 2-3 business days. |
Documents & questions | Have your ID, reason for transfer, and recipient's full name, bank details, or payout location ready if your provider asks for extra proof. |
Table: UK to Dominican Republic corridor cheat sheet
With those basics covered, you can follow the walkthrough below to actually send money from the UK to the Dominican Republic.
![Best way to send money to Dominican Republic: [Get Started] button on Ogvio app.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-get-started-button-on-ogvio-app.jpg "Best way to send money to Dominican Republic: [Get Started] button on Ogvio app.")
![Best way to send money to Dominican Republic: [Add Money] menu on Ogvio app homepage.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-add-money-menu-on-ogvio-app-homepage.jpg "Best way to send money to Dominican Republic: [Add Money] menu on Ogvio app homepage.")
![Best way to send money to Dominican Republic: [Verify now] button to start KYC process on Ogvio.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-verify-now-button-to-start-kyc-process-on-ogvio.jpg "Best way to send money to Dominican Republic: [Verify now] button to start KYC process on Ogvio.")
UK users can fund their Ogvio accounts via the Faster Payments System.
![Best way to send money to Dominican Republic: a red arrow pointing to the [I made a transfer] button on Ogvio.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-uk-step-7.jpg "Best way to send money to Dominican Republic: a red arrow pointing to the [I made a transfer] button on Ogvio.")
![Best way to send money to Dominican Republic: a red arrow pointing to the [Send to new recipient] button on Ogvio.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-uk-step-8.jpg "Best way to send money to Dominican Republic: a red arrow pointing to the [Send to new recipient] button on Ogvio.")
![Best way to send money to Dominican Republic: a red arrow pointing to the [Send] button on Ogvio.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-uk-step-10.jpg "Best way to send money to Dominican Republic: a red arrow pointing to the [Send] button on Ogvio.")
That’s about all it takes. As you can see, a user-to-user route within Ogvio keeps costs lower than those of traditional channels.
How to Send Money to Dominican Republic From Germany
German banks like clear explanations when money leaves the country. If you send a larger amount in one go, expect to be asked who you are paying and why. Under current EU anti-money-laundering rules, occasional transfers of around €10,000 or more trigger stricter identity and source-of-funds checks.
The Dominican Republic, on the other hand, follows a territorial tax system. Residents are mainly taxed on Dominican-source income, while foreign-source investment or financial income only becomes taxable after 3 years of residence. Family support from abroad, though, is usually treated as help, not salary, unless it is clearly tied to work or business there.
Classic bank transfers from Germany to the Dominican Republic often travel through several banks. Each stop can mean extra fees and another currency conversion, which is why international wires typically take one to five business days to arrive, sometimes longer if an intermediary holds the payment for review.
When you choose how to send money, the real decision is usually which route you want to rely on:
Route type | Germany - Dominican Republic snapshot | Best used when |
|---|---|---|
Classic bank SWIFT transfer | 1-5 working days, may pass through several correspondent banks, with extra fees taken on the way. | You stick to your German bank and can live with slower delivery and less fee transparency. |
Modern money transfer app | Shows total cost and amount in DOP or USD upfront, usually uses fewer intermediaries, often same-day or next-day arrival. | You want clearer pricing, faster arrival, and everything handled digitally in one place. |
Table: Germany to Dominican Republic corridor routes
That said, a modern money transfer service like Ogvio can remove much of that friction. It is designed to use a simpler route for cross-border transfers, instead of bouncing through several banks. If that sounds better than waiting days, follow the steps below to send money with Ogvio.
![Best way to send money to Dominican Republic: a red arrow pointing to the [Send] button on Ogvio.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-germany-step-6.jpg "Best way to send money to Dominican Republic: a red arrow pointing to the [Send] button on Ogvio.")
Great, you now know the complete process of sending money from Germany to the Dominican Republic through Ogvio. One thing to keep in mind during the process is the EUR 100,000 sending limit inside the Eurozone on Ogvio, especially when you’re moving a larger amount.
How to Send Money to Dominican Republic From US
A major turning point happened when President Trump’s remittance tax proposal resurfaced in conversations about migrant transfers. The bill outlines a 1% tax on remittances sent by non-US citizens. This includes green card holders, temporary workers, and undocumented individuals.
The Center for Global Development built its analysis using the World Bank’s 2021 bilateral remittance estimates. Those figures were then adjusted to reflect a 14.1% rise in global remittances between 2021 and 2024. The data shows that higher transfer costs naturally reduce both the amount sent and the willingness to send at all.
A 2021 study[1] by the Center for European Governance and Economic Development Research clearly measured the pattern. Every 1% increase in costs may reduce remittances by about 1.6%.
Dominican Republic appears in the list of countries affected by the proposal, with an estimated annual reduction of about USD 393.3 million. And while the policy is not finalized, many families are already planning ahead by picking services that keep fees low or completely transparent.
One thing worth saying at this point is that Ogvio has a very nice perk that helps you keep your numbers intact. Internal transfers remain free and instant, so your relative receives the virtual balance right away, instead of waiting 2 or 5 days.
The limitation here revolves around who can pass the KYC process. US citizens cannot complete KYC on Ogvio.
But don’t worry, crypto can become the workaround in this situation because Ogvio lets you send crypto without KYC. US citizens who live in another country can normally pass KYC, as long as that country is on Ogvio’s fully supported list.
Now that the broader context is out of the way, it becomes easier to walk through the practical steps. Before you begin, let me guide you through the process.
![Best way to send money to Dominican Republic: one red arrow pointing to the [Card Transfer] option, the other to [Crypto Transfer].](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-us-step-2.jpg "Best way to send money to Dominican Republic: one red arrow pointing to the [Card Transfer] option, the other to [Crypto Transfer].")
![Best way to send money to Dominican Republic: a red arrow pointing to the [Continue] button.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-us-step-3.jpg "Best way to send money to Dominican Republic: a red arrow pointing to the [Continue] button.")
![Best way to send money to Dominican Republic: a red arrow pointing to the [Send to new recipient] button.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-us-step-5.jpg "Best way to send money to Dominican Republic: a red arrow pointing to the [Send to new recipient] button.")
![Best way to send money to Dominican Republic: one red arrow pointing to the [Send To Ogvio User] button, the other to [Crypto Transfer].](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-us-step-6.jpg "Best way to send money to Dominican Republic: one red arrow pointing to the [Send To Ogvio User] button, the other to [Crypto Transfer].")
![Best way to send money to Dominican Republic: a red arrow pointing to the [Continue] button.](https://assets.bitdegree.org/images/best-way-to-send-money-to-dominican-republic-us-step-7.jpg "Best way to send money to Dominican Republic: a red arrow pointing to the [Continue] button.")
All done! You have now followed the full process for sending money from the USA to the Dominican Republic through Ogvio.
The withdrawal should be easy, as the recipient can withdraw what you sent directly to their bank account, as services in the Dominican Republic are not limited.
📚 Read More: Best Cryptocurrency Exchange
Cheapest Ways to Send Money to the Dominican Republic
Sending money to the Dominican Republic can feel a little heavier on the wallet when local prices keep climbing. Inflation in the country rises year over year,[2] so every dollar you save on fees helps your recipient stretch their balance a little further. A few platforms help you cut down your total cost, and each one takes a slightly different approach to pricing.
- Ogvio. Ogvio keeps your expenses low through its 0% fee on internal transfers. That single perk already helps stretch your budget, especially when your goal is to send frequent support. Crypto trades on Ogvio remain free, and the rate preview shows the final outcome before you confirm anything.
- Xoom. Xoom waives its transfer fee when you pay via PayPal or a linked bank account. Larger amounts usually unlock this perk. PYUSD offers another low-cost option, as transfers skip the usual card-based fees.
- Wise. Wise applies a small fee that starts around 0.33% of the total amount. Bank transfers tend to sit on the lower side, while card payments lean a little higher. You can lock in an exchange rate for up to 48 hours, helping you protect your transfer against sudden market changes.
|
|
|
|
|
|---|---|---|---|
|
Bank - free Crypto - free Card - varies |
Bank - free Card - varies SWIFT - varies |
N/A |
|
| Varies |
|
N/A | |
|
|
|
|
|
|
|
|
| Visit site Read review | Visit site Read review | Visit site |
Table: pricing comparison of Ogvio, Xoom, and Wise
At this point, you have a good sense of which platforms help you keep more money in your recipient’s hands. Each service handles costs in its own style, so you can match the method to your budget.
Conclusions
Sending money across borders is no small decision. The best way to send money to Dominican Republic really relies on your preferences. What matters most is finding a service that feels reliable and keeps your loved ones connected with ease.
Each platform in this guide has something that makes transfers simpler. Ogvio, for instance, aims to redefine global remittances with its minimal-fee structure and instant transfers.
If you enjoy a good reward while exploring new platforms, there’s even more to look forward to. BitDegree’s Airdrop Season 8 is currently live with a $15,000 prize pool.
Scientific References
1. Ahmed, J., Mughal, M., Martínez-Zarzoso, I.: ‘Sending Money Home: Transaction Cost and Remittances to Developing Countries’;
2. López, A., Ruiz-Arranz, M., Jiménez, M., Prieto, C. E., Martin, L., Sibaja, J., Deza, M. C., Navajas, S., Paz, M., Schneider, C.: ‘Hacia Una Mayor Inclusión Financiera Para El Desarrollo: Informe Económico Sobre Centroamérica, México, Panamá Y República Dominicana’.
Send Money Worldwide
Check out the best ways to send money to other countries quickly, safely, and with minimal fees.
About Article's Experts & Analysts
Disclosure: To keep our site running & free of charge, we may sometimes receive a small commission if a reader decides to purchase services via some links on site, at no extra cost.
