Last updated on March 4th, 2024 at 01:55 am
If you support loved ones and send money to Caribe Express on La Isla, you’re not alone. And like your fellow Dominicans, you want to find the safest way to make sure more money makes it home.
Remitly can help. Read on to find out how.
Sending money to the Dominican Republic
According to a report by the Organization for Economic Co-operation and Development, as much as 12% of the Dominican population lives abroad. That’s 1.3 million Dominican emigrants, with the vast majority based in the U.S. Given this large number, perhaps it’s no surprise that remittances like yours contribute nearly 8% of the country’s national income. However, because of exorbitant wire fees and unfair exchange rates, sending money to loved ones in the Dominican Republic can be costly.
Enter Remitly, a simple app for sending money internationally.
Remitly’s online service offers a faster, more cost-effective alternative to banks and traditional money transfer companies. With Remitly, you can still send to the locations your recipients are comfortable with. That includes Caribe Express.
What is Caribe Express?
If you’re from the DR, you likely know the name Caribe Express. After all, the Caribe Express app is one of the Dominican Republic’s most popular financial services companies. With Caribe Express sending money features, arranging a bank deposit, cash pickup, or home delivery is possible.
With more than 180 branches on the island, there’s sure to be a Caribe Express location near the person to whom you want to send funds. Customers can access their accounts through the Caribe Express app and website.
Sending to Caribe Express in 5 Easy Steps
Trying to send funds to family and friends in the Dominican Republic? Follow these simple steps to safely send money to Caribe Express:
Create an account
For new customers who are ready to make their first transfer, the initial step is to download the Remitly app. Then, follow the onscreen steps to create an account and select the Dominican Republic as your destination country.
If you prefer, you can also send money online through Remitly. Just register here to get started.
Enter the amount
Once you have your account set up, you’re ready to enter how much you want to send to the recipient. Select USD or DOP as the currency for your transfer.
Select the delivery method
Now, you’ll be prompted to enter the delivery method, such as cash pickup, delivery, or bank account deposit. Then, choose Caribe Express from the list of available options.
Provide basic information
Next, you’ll need to provide some basic information about the recipient and yourself. You’ll need to know the person’s name, address, and phone number.
Whether you’re entering your information or theirs, be sure to spell the name exactly as it appears on photo identification. The addresses should also match those that appear on your IDs.
Choose your payment method
Finally, select your method of payment (credit or debit card) and enter your payment details.
And that’s it! Give your details a quick review and press send. Rest easy knowing that the transfer is on its way to your loved ones.
Why should I use Remitly to send money to Caribe Express?
There are many benefits to sending money to Caribe Express with Remitly. Let’s explore some of them.
Low cost
Fees are always a consideration when initiating money transfers, as you want to avoid paying too much for your transaction. Remitly offers favorable low transfer fees that allow your recipient to keep more of what you send.
Great exchange rates
While many send U.S. dollars to be exchanged as pesos in the Dominican Republic, Remitly usually offers a better Dominican peso rate. That’s especially true on your first transfer.
When you opt to send in DOP, your recipient won’t have to worry about converting the currency themselves. They won’t even need to look up current Caribe Express exchange rates because your transfer will arrive ready to spend in DOP.
Check out today’s exchange rate here.
Convenience
Convenience is another major perk of using Remitly. Unlike traditional transfer services, Remitly is accessible by phone or desktop, and you can make transfers in just a few clicks. Plus, your loved one can receive money the way they prefer.
Security
Whether they’re getting bank deposits or cash pickup services, your loved ones can trust Remitly. We use high-level data encryption to keep all of your information secure before, during, and after your transfer.
Stellar customer service
Finally, Remitly’s 100% satisfaction guarantee ensures the utmost peace of mind. If there’s an issue with your transfer, you’ll get a refund.
Our customer support team is available to assist you 24/7 by phone or online chat. We work hard to ensure that all of your remittances go through smoothly, but if there’s ever an issue, we’ll be there to help.
We can also answer questions you have about currency exchange rates and other topics.
How quickly will my transfer arrive at Caribe Express?
Using Remitly, sending money to the Dominican Republic via Caribe Express is speedy and efficient. Senders that pay with a credit or debit card can transfer money immediately.
For those that aren’t in a rush, transfers from the U.S. or another country to the Dominican Republic via bank account take three to five days.
How much money can I send to Caribe Express with Remitly?
Remitly is committed to helping users send remittances, both big and small, to Caribe Express while prioritizing safety and following regulations. That keeps you, your money, and your recipient secure.
To that end, we have sending limits based on the information provided by a user.
Users that provide the minimum information necessary can send as much as:
- $2,999 within 24 hours
- $10,000 within 30 days
- $18,000 within 180 days
Is it safe to send money to Caribe Express with Remitly?
There’s a reason that millions worldwide trust Remitly’s money transfer services.
Remitly uses two-factor verification and personal data encryption to ensure safe logins and secure transactions.
You can also turn on SMS/text notifications to keep an eye on your transfer. If anything goes wrong while sending funds to Caribe Express, you’ll get your money back.
The 3 biggest perks of sending money to Caribe Express
Sending transfers to Caribe Express comes with three major benefits.
Convenient access to cash
As previously mentioned, Caribe Express has more than 180 locations across the Dominican Republic, with most branches open every day of the week. Whether you send money for pickup or home delivery, recipients can easily access funds.
Availability of bank deposits
Caribe Express is now more than just a cash pickup and home delivery service. Its recent launch of Banco Caribe means you can also make a money transfer to a Banco Caribe bank account.
First-time user perks
First-time customers sending pesos to the Dominican Republic can send even more money to Caribe Express thanks to Remitly’s special offer: zero transfer fees for the first transaction.
Make a transfer to the Dominican Republic today
Now more than ever, you want to support your queridos back home, and Remitly is here to help. With the Remitly app, you can send funds in minutes to Caribe Express and track your transfer every step of the way.
Find out more at Remitly.com or download the app today.