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BANK FEES BANCO POPULAR

CHRISTOPHER DAVID56

Note: beware Banco Popular as of April 26th increased and changed thier fees structures.

Today I used my American Debit Card to withdraw PESO as I have done for years.


I always select "without conversion" so my US Bank does the conversion which is a better rate.


Without looking the ATM Machine now only gives you "Cash Advance" not "Withdraw"  option for foreign Debit Card or CC.


I was normally charged 395 PESO fee now they are charging 4.5 % cash advance fee and not the normal fee for a Dominican Card.


So I was shocked when I withdrew 20k PESO and charged $14.98 dollars ATM withdraw fee.


Fortunately, my US bank refunds all ATM withdraw fees worldwide within 2 days.


Thought I share and not sure about other DR banks ATM fee Withdraw rate. This was only Banco Popular today.


I called my Bank Officer and he said yes they made changes and increased various bank fees.


discloser. This was my experience and what I read would advise asking your bank for fees and charges summary

See also

Banking and finance in the Dominican RepublicUSD CONVERSION TO RD PesosCan you deposit a US check into a Dominican bank account?Bank account(s) in pesos or dollars (or both)?Recent Experience Opening Bank Account in Santo Domingo
Cfellers48

whonjs your American Bank that refunds service fees with ATM withdraws?

CHRISTOPHER DAVID56

@Cfellers48

I'll DM you

Conifer

Scam

CHRISTOPHER DAVID56

@Conifer

What is scam? Are you accusing my feedback  a scam? Little unclear about your message?

CHRISTOPHER DAVID56

@Cfellers48

I will answer your question directly.


Fedility Investment Banking USA , "cash account " refunds all ATM fees and NO wire transfer fees nationwide and international This has been my bank for 13 years.

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@Conifer

seriously?   Is there a problem?   Why are you calling out a long term member?

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