Select All

PDF IS LOADING

"Please wait while the document is being prepared."

DOP – Dominican Peso

Overview

This currency is considered to be complex (multiple information to be provided and complex processing).

Currency Guidelines

A clear reason / purpose of payment is mandatory and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

Payments in DOP toward the Dominican Republic

Besides the standard information, it is mandatory to provide in the remittance information:

• The beneficiary’s tax ID (RNC - Registro Nacional de Contribuyentes)
• The beneficiary’s account type (current or saving)
• The beneficiary’s telephone number

Payments in DOP outside the Dominican Republic

Standard information
The IBAN format is mandatory (see Appendix VI).

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES

To consult the Appendix(es) click here

Appendix VI: IBAN Application Rules
Additional information

• Available charge option: OUR/SHA/BEN
• Central bank of the Dominican Republic: http://www.bancentral.gov.do:8080/english/index-e.asp