Banking In Dominica

National Bank of Dominica Ltd. is the premiere financial institution in Dominica. We have the largest network of branches and ATMs on the island. We welcome you to Dominica and have provided some useful information below, to help you get settled quicker and to make your banking experience easier.

Incoming Transfers
Funds can be sent from your bank via one of the correspondent banks, listed above, to National Bank of Dominica Ltd., -

You will need the following information:	Swift code: NCDMDMDM
	Your NBD account number

Outgoing Transfers

Transfers from Dominica are routed through one of the corresponding banks listed above, to your requested beneficiary bank. The following information should be presented to NBD in order to complete your transfer:

• The Routing, ABA, Swift, Sort Code or Transit number of the beneficiary bank.
• The account number and name of the person you are transferring the funds to.

*Transfers are processed within 24 hours.
OTHER FOREIGN TRANSACTIONS
You may also exchange or purchase Bank Drafts, Travellers’ Checks, and US, Canadian , Sterling, EURO and Barbados notes.
NOTE: There is a standard waiting period of 30 working days for credits of personal checks, cashiers checks and bank drafts. However for personal checks drawn on your US accounts, the waiting time can be reduced once you bring in proof of clearance of that particular check. This proof would include a copy of your statement showing that the check has been deducted from your account as well as a copy of the front and back of the check.
Travellers cheques, incoming wire transfers/checks drawn on Ross University's account and cash are available for immediate credit.
CASH ADVANCES/ ATM WITHDRAWALS
Our ATMs accept VISA, MasterCard, Plus and CIRRUS. In-branch cash advances are accepted for VISA and MasterCard. You must present the card and an ID in order to complete your transaction.
Note: cards may have daily withdrawal limits.
As a security measures, some banks may restrict the use of their cards internationally. If you hold a card with restricted access, contact the issuer and notify them of your location. Please note that your bank may charge a cash advance fee.
CONVERSION RATES
US conversion rates are fixed against the EC dollar and are as follows:

From USD to ECD:	From ECD to USD:
Cash:      US$1.00 = EC$2.67	Cash, Checks and Wire Transfer
Checks:   US$1.00 = EC$2.6882	US$1.00 = EC$2.7169

*Other currencies fluctuate daily.
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