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Currency:
Dominican
Republic Peso (peso) = 100
centavos. Notes are in
denominations of peso -
2000, 1000, 500, 50, 20 and 10.
Coins are in denominations of 1
and 5 pesos.
Currency
Exchange: The
peso is not available outside the
Dominican Republic. Currencies of
Canada, France, Germany, Italy,
Japan, Mexico, The Netherlands,
Spain, Switzerland, UK, USA and
Venezuela may be converted into
local currency.
At departure, up
to 30 per cent of the exchanged
currency can be reconverted into
US Dollars at any bank, provided
original receipts are shown. All
exchange must be done through
official dealers such as banks and
hotels approved by the Central
Bank.
Credit
& Debit Cards: American
Express, Diners Club, MasterCard
and Visa are all accepted. Check
with your credit or debit card
company for details of merchant
acceptability and other services
which may be available.
Travelers
Cheques: Travelers
cheques are accepted by some
banks. To avoid additional
exchange rate charges, travelers
are advised to take travelers
cheques in US Dollars.
Currency
Restrictions: The
import and export of local
currency is prohibited; the import
of foreign banknotes is allowed
provided they are declared on
arrival. Foreign currencies up to
the amount imported and declared
may also be exported. The import
and export of travelers cheques is
unlimited.
Banking
Hours: Mon-Fri
0800-1800. Some Banks are open for
business on Saturdays until
mid-day. |
