Scotia Bank ATM and a little info on exchanging money in Sosua.
[QUOTE=Funinthesun63; 1541247]Last time I was in Sosua, I tried the Scotia Bank atm up at the pharmacia / Metro bus stop & could only withdraw 5000 pesos. It was a Sunday night and maybe the limit was reduced for the weekend. This was end of February. Back in early January, I was able to get 10, 000 pesos per withdrawl but don't remember what day of the week I used it. I am told the limit per withdrawl at the ScotiaBank branch in Cabarete is 12, 000 pesos per withdrawl. Possibly, having a ScotiaBank card may make a difference, which I do not have. My wingman does, and pays no fees for atm withdrawls.
Seems to me all banks in Sosua are reducing their withdrawl limits and forcing us to pay more in fees. I checked several banks & the most I could get per withdrawl is 5000 pesos, unless you hold a debit card & account with the bank, then it might be sightly more.[/QUOTE]I too have used that SB ATM at the farmacia / bus station and could only withdraw a maximum of 5, 000 pesos per transaction. I believe the amount can be reduced for ALL ATM's for many reasons. Expected heavy tourist usage because of high season. Superbowl week generated extremely heavy usage. Heavy usage during the weekend like you said. Or perhaps when the machine has dispensed a certain amount of currency, and reaches a certain level, it automatically changes how much can be dispensed so it doesn't run out of money as fast. Once it can't meet any demand for cash, perhaps it registers the "temporarily out of service" message. I suspect that a certain time the next day, the machines are refilled and up and running again.
The Sosua SB ATM, I have got 5, 000 pesos one visit, and the next day was back to getting the 10, 000 max. Next time I use the ATM in PP I will check to see if I can get 12, 000 pesos max. I swear I tried to get above 10k before, and the machines wouldn't do it. Maybe it will dispense that amount for those with SB cards?
Having a SB card should make a difference. However, that also means having an account, and putting money in that account. I can bypass that by simply bringing enough US currency for the time I am in country, and go to the exchange places that give the maximum rate, which will be higher than the bank. For instance. Knowing I was going to be in the country from 1/25 until 2/27 I brought a little more than $5, 000 us cash. This is the 1st time staying this long so I wasnt sure how much I would need for that time frame. I changed my return date to mid March. That meant I would be spending more money towards my stay. I had to pay for the extra days towards my car rental, I bought a bicycle, and I paid for March rent for my spot. These expenditures as well as now having to spend more for chicas, and everything else, caused me to hit the ATM on 3 occasions. A total of 12 transactions, each 10, 000 pesos.
Early in my vacation, when I had most of my US cash, I started off taking 2, 000 US and went to get it exchanged at the place that IMO has the highest rate (one of the places where the change guys go ). That is Banco Providential on PC, across from Sinatras restaurant. Between Maui Mau and the small mercado. They tend to have the best rate around, but they are flaky when it comes to when they will exchange and how much. I think they cator more to businesses and the "change" guys. Sometimes they will tell you to come back at a certain hour. I think that is to discourage you.
Or tell you they can only exchange half of what you push through the window. Like in my case, they exchanged 1, 000 US instead of the 2, 000 I pushed through the window. Thats why I will always push more cash through the window than I really intend to exchange. That way if they turn me down for the full amount, I may end up exchanging what I wanted in the 1st place. The next place with a good rate, but slightly less than this bank, is the exchange place in the rear of the plaza where Orange is, next door to M & M massage.
After that, Western Union. After that, the Playero supermarket. In all instances a passport may be required. I did not use a passport at the one behind Orange, but I would recommend bringing it (or at least a copy) just in case.
There is a dominican gentleman named Mapello. (809) 491-3024. He is the mobile exchange guy. He often gives rates better than any of the other exchange guys. Maybe the same or better than WU. His rates will fluctuate along with the international daily rate. He is always on the move, often walking at a swift pace. And nobody fucks with him even though he carries a shit load of cash on his person. Lets say you are at the beach, New Garden / Baileys / Rockys but need money exchanged. This gentleman will get to you within a few minutes and exchange decent amounts of cash in an instant.
I was chillin at the playa one day, intending to go to WU to exchange. I didn't really want to leave the playa. So I called Mapello and told him I'm at #blah blah blah on the playa, I need to exchange money. He was there in less than 15 minutes. He exchanged $1, 000 US right there on the playa. Saved me from having to leave to go to WU. Now thats convenience. His rate at the time was $42. 80 (early February ). I spotted him about a week and half ago and asked him what his rate was then. He was giving 43 to 1 US. Not bad. And the best part is, he will come to you if you are in the local area.
Nothing to do with DR, but
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