The Dominican Republic Currency is the Dominican Peso. Many places show prices in US Dollars though, and you can pay in either Dollars or Pesos, whichever you prefer.
It’s a good idea to inform your bank that you will be using your card abroad, as your card provider may temporarily block your card if it detects any suspicious activity, such as an unexpected transaction overseas.
The best way to order your Dominican Republic Currency
Stock up in advance by ordering your pesos from Thomas Cook stores or online. If you’d like your pesos to be delivered to your home address, make sure you order well in advance to ensure they arrive before you set off to the Dominican Republic. You can also visit a Thomas Cook Foreign Exchange outlet if you’d prefer to buy your Pesos directly. Alternatively, you can order your foreign currency by telephone or reserve to collect it in-store
Whichever option you choose, you’ll benefit from competitive rates so you can get the most out of your holiday budget when you convert sterling into currency of the Dominican Republic.
Withdrawing cash in the Dominican Republic
In all resorts and major towns and cities, you’ll find ATMs (cash machines), which will normally have a daily withdrawal limit of between 5,000 and 10,000 pesos. In remote areas, ATMs are much less common, so always bring emergency cash with you just in case. Always keep your PIN protected, too, and only use ATMs in banks and shopping areas, preferably during the daytime. You’ll end up paying higher transaction fees for frequent, small withdrawals of Dominican Republic Currency, so bear this in mind.
If you do need to exchange money during your trip, only do so at a bank or an official exchange office known in Spanish as casa de cambio.
Using your credit and debit card during your holiday
You’ll be charged a Non Sterling Transaction Fee if you make a card payment in sterling, which is usually about 3% of the transaction. Bear in mind that many businesses in remote areas of the Dominican Republic may not accept card payments, so always make sure you bring enough cash with you.
A Thomas Cook Cash Passport
One way to carry cash overseas is to get a Thomas Cook Cash Passport. This works in exactly the same way as a normal credit or debit card, but is not connected to your bank account. You can load up as much cash onto your Thomas Cook Cash Passport as you want, and as Dollars are one of the currency choices available, it’s a good way to take money over to the Dominican Republic. Find out more about our Cash Passports here. www.thomascook.cashpassport.com
Avoid ordering your pesos at the airport
If you wait until you arrive at the airport to order your currency, you’ll end up paying considerably more. The exchange rates at your departure airport or arrival airport in the Dominican Republic will usually be much less competitive, meaning you’ll get significantly less Dominican Republic Currency for your sterling.