New York.- The Dominican Telecommunications Institute (Indotel) and the Association of Multiple Banks of the Dominican Republic (ABA) have announced a new financial education campaign aimed at guiding Dominicans living in the United States on how to use digital bank transfers as a faster, safer, and more affordable way to send remittances home.
Starting November 1, training sessions will be held at Dominican consulates in New York, New Jersey, Philadelphia, Boston, and Miami. The initiative will offer orientation activities to help citizens learn about and adopt digital tools for sending funds to the Dominican Republic.
During the launch event at the Dominican House of Culture in New York, Indotel chairman Guido Gómez Mazara and ABA executive president Rosanna Ruiz emphasized that the program aims to promote financial inclusion and reduce the reliance on cash remittances.
Gómez Mazara noted that while 80% of remittances come from the U.S., many are still sent in cash. Despite 40% of senders having bank accounts, only 14% use digital transfers. The campaign seeks to close this gap through education and awareness efforts coordinated between the public and private sectors, fostering security, efficiency, and traceability in remittance operations.
