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Dominican bank account

How to properly link an account in national currency

Updated over 5 months ago

Before linking an account, make sure that your account is verified and tax information is added. Freelancer's personal data is a mandatory requirement for transfers to a Dominican bank account.

  • To check the verification status or start account verification, open Personal details section of the menu.

  • To enter tax information use the instructions below.

Linking a national currency account

To link a Dominican bank account, go to Finances, select tab Payment methods, and click Bank account.

Important! The freelancer's name, taxpayer ID, and residential address must match those of the account's beneficiary. The bank account must be denominated in the national currency. Bank Accounts in other currencies cannot be used for payments.

An SMS with a confirmation code will be sent to your phone. After you enter the code, select your bank and provide the bank account details:

  • Choose your bank in the Bank drop-down menu.

  • Select the Account Type: Checking or Savings

  • Fill in the Bank account number. (see the list of supported banks and maximum account length in the table below)

  • Check the box to agree to the Terms of Use and the Privacy Policy.

  • Save your account details by clicking Link.

Depending on the freelancer’s tax status, transfers to a Dominican bank account can be a subject to tax withholding. That means making payments to a Dominican bank account requires tax information.

Adding Tax Information

  • In your account, go to Finances and select the tab Tax information

  • Click Document type and select your document type. If you have passed verification with one of these documents, then choose that one:

    • RN - RNC - Registro Nacional del Contribuyente. Please note that a legal entity's (company's ) RN number cannot be used for payouts.

    • CE - Cédula

    • PASS - Pasaporte

  • Enter the document number of the chosen document under the Document number or code following the recommendations:

    • RN: 9 digits. Please note that a legal entity's (company's ) RN number cannot be used for payouts.

    • CE: maximum 11 digits

    • PASS: alphanumeric code, between 7 to 12 symbols

  • Carefully review the data and press Enter tax information.

List of the Dominican banks and their bank accounts' validation

Bank Name

Max. Account length

Asoc. Cibao

12

Asoc. La Nacional

12

Asoc. Popular

16

Banco Atlántico

8

Banco BDI

10

Banco BHD León

11

Banco Caribe

10

Banco de Ahorro y Credito Ademi

10

Banco de las Americas

10

Banco de Reservas

10

Banco del Progreso

10

Banco Empire

10

Banco López de Haro

10

Banco Multiple Activo

10

Banco Multiple Lafise

11

Banco Popular

10

Banco Promerica

14

Banco Santa Cruz

14

Banco Unión

10

Banco Vimenca

12

Banesco (Banco Multiple)

11

Bellbank

12

Citibank

10

Scotiabank

17

If you have any questions, get in touch via online chat or email us at [email protected]

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