|
The currency of the Dominican Republic is the Dominican Republic Peso, with one Peso equalling 100 centavos. Notes come in denominations of DOP2,000, 1,000, 500, 50, 20, 10 and 5. Coins are in denominations of DOP1, as well as 50, 25, 10, 5 and 1 centavo. Money can only be exchanged at official banks and bureau de changes, and the currencies of Canada, France, Germany, Italy, Japan, Mexico, The Netherlands, Spain, Switzerland, UK, USA and Venezuela are the only ones that can be exchanged. Traveller’s cheques are not widely accepted, and they should be in US Dollars. ATMs are available in tourist areas, and major international credit and debit cards are accepted. See: Visa: http://www.visa.com/atms MasterCard: http://www.mastercard.com/cardholderservices/atm The import and export of domestic currency is prohibited. The import of foreign currency is unlimited, provided amounts are declared on entry, and the export of foreign currency is allowed up to the amount declared on entry. Business: General banking hours in most areas are from 0800 to 1800 Mondays to Fridays. Normal shopping hours are usually from 0800 to 1200 and from 1400 to 1800 Mondays to Saturdays. Whilst the Dominican Republic is known for offering a laid back attitude, formal attire is still expected of business meetings – initially at least. Customs tend to err more on the side of American than Latin. Service charges are included in bills at most restaurants, though tipping on top of this is usually practised, as the service charge doesn’t necessarily go to the waiter/waitress involved in the service. Taxi drivers are tipped according to individual discretion.
|
|
