Pros and Cons between Scotiabank and Banco Popular? page 2 - Dominican Republic forum

Gylla · 2022-07-01T19:40:59+02:00

Explore the pros and cons of Scotiabank and Banco Popular in the Dominican Republic. Find insights on banking practices and accessibility.

Pros and Cons between Scotiabank and Banco Popular?

Steverino7777 Serial expat

Member since 01 February 2019

Steverino7777Serial expat14 April 2025 20:06:08

#41

235

@Atavi

Hello,

No I did not open a Scotiabank acct. down here. Just in Canada. It allows me all the services without charge including buying pesos from the machine and getting an international exchange rate.

I do all my banking on-line and it's all very simple and easy.....

Karin1 Serial expat

Member since 02 June 2021

Karin1Serial expat15 April 2025 14:43:43

#42

353

@Atavi

Hi Atavi, I am a Canadian and I also bank with Scotia in Canada.聽 I did open an account here in Punta Cana too.聽 Its not the same service or the same company, but mostly I thought the service was very good.聽聽In the end, I found their fees were higher than other banks and they didnt disclose why they kept taking fees.聽 Once I transferred my $2000 to pay a bill, and it I never arrived in the recipient bank account.聽 The bank took 5 days to find it but made me feel like they were doing me a favour.聽 There was no explanation.

This is a lovely place but dont expect the same disclosures or services as Canada/USA.

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Steverino7777 Serial expat

Member since 01 February 2019

Steverino7777Serial expat21 April 2025 15:05:14

#43

235

@Lyon4to

I do not have a D.R. Scotiabank acct. I do not transfer funds from Canada to the D.R.聽 However, my Canadian Scotiabank debit card gives me free access to Scotiabank machines in the D.R. I withdraw 10,000 pesos whenever I need paper money.

All my banks are in Canada and I do on-line banking from here. My credit card accounts in Canada are automatically paid off at the end of every month. I use those cards down here and get the international exchange rate.