HomeGuidesRecipesAPI Reference
Guides
Sign in
Start typing to search…

Dominic Republic

Learn more about currency, payment methods, processing times, and other essential details for operating in Dominic Republic with Localpayment. This guide provides a comprehensive overview of everything you need to know to integrate and optimize your payment processing in this market.

Country Overview

Essential information about Dominic Republic:

Country Code (2 digits)Country Code (3 digits)Currency CodeNumber of decimals
DODOMDOP2

Supported Card Networks

Localpayment supports these card networks in Colombia:

Credit Cards

  • Visa

Payment methods

Localpayment offers a range of Payin and Payout methods in Dominic Republic.

Incoming Payments (Payins)

Available methods for receiving funds:

Bank Transfer

Accept payments for your products or services by bank transfer.

Credit Card

Accept credit card payments at your merchant and provide installments and subscriptions to your clients.


Bank Transfer

MethodMin AmountMax AmountPayment Method CodePayment ConfirmationWorking HoursExecution Notification TimeCut-Off
Bank Transfer1.001,000,000.001599

Credit Card

MethodMin AmountMax AmountPayment Method CodePayment ConfirmationWorking HoursExecution Notification TimeCut-Off
Visa1.006,000,000.001501Synchronous24 hReal Time-

Outgoing Payments (Payouts)

Available methods for disbursing funds:

Bank Transfer

You can make bank transfers to employees or customers.


Payout Bank Transfer

MethodMin AmountMax AmountPayment Method CodeCut-Off (GMT-3)Execution Time (Days)Notification Time (Days)
ACH1.001,000,000.00008015 ht+0t+1
LBTR1.001,000,000.000081

Supported Document Types

Localpayment accepts these document types for verification in Dominic Republic:

Document TypeDescriptionID for individuals and/or legal entitiesLengthDocument ID Example
RNCRegistro Nacional de ContribuyentesPhysical Person and Legal Person
CECedula de IdentidadPhysical Person
PASSPassportPhysical Person

Bank account types

Dominic Republic uses the following bank account types for transactions. Ensure you provide the correct account details when processing payments.

Bank Account TypeNameLengthExample
C, SBanco de Reservas10801999737
C, SBanco Scotiabank1708019997897654321
C, SCitibank10801999737
C, SBanco Popular10801999737
C, SBanfondesa1708019997897654321
C, SAsociacion La Nación1280199973779
C, SBanco del Desarrollo ADEMI10801999737
C, SBanco Santa Cruz148019997377947
C, SBanco Caribe10801999737
C, SBanco BDI10801999737
C, SBanco BHD118019997377
C, SBanco VIMENCA1280199973779
C, SBanco Lopez de Haro10801999737
C, SBanco de las Americas10801999737
C, SBanco Empire10801999737
C, SBanco Atlantico88019997
C, SBanco Banesco118019997377
C, SBanco LAFISE118019997377
C, SBanco Bellbank1280199973779
C, SBanco Multiple Activo10801999737
C, SBanco Unión10801999737
C, SBanco Promerica148019997377947
C, SAsociación Popular de Ahorro16801999789765432
C, SAsoc. Cibao1280199973779

Holidays

Plan your transaction processing around these national holidays in Dominic Republic:

HolidayDate
New Year's DayJanuary 1
EpiphanyJanuary 6
Our Lady of AltagraciaJanuary 21
Duarte's DayJanuary 26
Juan Pablo Duarte's birthdayJanuary 29
Independence DayFebruary 27
Easter ThursdayApril 17
Easter FridayApril 18
Labour Daymay 5
Corpus ChristiJune 19
Restoration DayAugust 16
Our Lady of Mercedes DaySeptember 24
Constitution DayNovember 10
Good eveningDecember 24
Christmas DayDecember 25

Supported Banks

Below is a list of banks in Dominic Republic that are supported by Localpayment:

  • ASOCIACION BONAO DE AHORROS Y PRESTAMOS
  • Asociación CIBAO de A/P
  • ASOCIACION DUARTE DE AHORROS Y PRESTAMOS
  • Asociación La Nación
  • ASOCIACION LA VEGA REAL DE AHORROS Y PRESTAMOS
  • ASOCIACION MAGUANA DE AHORROS Y PRESTAMOS
  • ASOCIACION MOCANA DE AHORROS Y PRESTAMOS
  • ASOCIACION PERAVIA DE AHORROS Y PRESTAMOS
  • Asociación Popular de Ahorro
  • ASOCIACION ROMANA DE AHORROS Y PRESTAMOS
  • BANCO AGRICOLA DE LA REPUBLICA DOMINICANA
  • Banco Atlantico
  • BANCO BACC DE AHORRO Y CREDITO DEL CARIBE
  • Banco Banesco
  • Banco BDI
  • Banco Bellbank
  • Banco BHD
  • Banco Caribe
  • BANCO CENTRAL DE LA REPUBLICA DOMINICANA
  • BANCO DE AHORRO Y CREDITO ADOPEM S A
  • BANCO DE AHORRO Y CREDITO ATLAS, S.A.
  • BANCO DE AHORRO Y CREDITO BANCOTUI, S.A.
  • BANCO DE AHORRO Y CREDITO COFACI, S.A.
  • BANCO DE AHORRO Y CREDITO CONFISA, S.A.
  • BANCO DE AHORRO Y CRÉDITO FIHOGAR, S.A.
  • BANCO DE AHORRO Y CREDITO GRUFICORP S.A.
  • BANCO DE AHORRO Y CREDITO JMMB BANK, S.A
  • Banco de las America
  • Banco de Reservas
  • Banco del Desarrollo ADEMI
  • Banco del Progreso
  • Banco Empire
  • Banco LAFISE
  • Banco León
  • Banco Lopez de Haro
  • Banco Multiple Activo
  • BANCO NACIONAL DE LAS EXPORTACIONES
  • Banco Popular
  • Banco Promerica
  • Banco Santa Cruz
  • Banco Scotiabank
  • Banco Unión
  • Banco VIMENCA
  • Banfondesa
  • BONANZA BANCO DE AHORRO Y CREDITO
  • Citibank
  • CORPORACION DE CREDITO NORDESTANA DE PRESTAMOS
  • CORPORACION DE CREDITO REIDO, S.A
  • MOTOR CREDITO, S.A., BANCO DE AHORROS Y CRÉDITO
  • OPTIMA CORPORACION DE CREDITO S.A
  • QIK BANCO DIGITAL DOMINICANO, S.A.

Updated 2 months ago