"Caribe International Bank: Transforming financial innovation into opportunities for our clients."

CIB highlights

Mission Statement

At Caribbean International Bank (CIB), our mission is to empower individuals, businesses, and communities by providing innovative and reliable financial solutions tailored to their unique needs. We are committed to delivering exceptional service, fostering financial inclusion, and driving sustainable growth across the Caribbean region.

Vision Statement

Our vision is to be the leading financial institution in the Caribbean, recognized for our unwavering dedication to excellence, integrity, and innovation. We aspire to build lasting relationships with our clients and contribute meaningfully to the economic development of the communities we serve.

Core Values

Integrity

We uphold the highest standards of honesty and transparency in all our dealings, fostering trust with our clients and partners.

Customer Focus

Our clients are at the heart of everything we do. We strive to provide personalized solutions and exceptional experiences that exceed expectations.

Innovation

We embrace technology and forward-thinking strategies to offer cutting-edge financial products and services that adapt to a rapidly evolving world.

Excellence

We are committed to maintaining superior standards in service, performance, and operations, ensuring the best outcomes for our clients and stakeholders.

Community Impact

We are dedicated to supporting the growth and prosperity of the communities we serve through sustainable and inclusive financial practices.

Teamwork

We believe in collaboration, valuing the diverse skills and perspectives of our team to achieve shared goals and deliver outstanding results.

  • CIB’s mission, vision, and values reflect our dedication to being more than just a bank — we are a trusted partner in your journey toward financial success

LAW 273 - International Financial Entities

Introduction

International financial entities play a crucial role in the global financial system, providing essential services to various stakeholders, including businesses, governments, and individuals. Understanding the legal framework governing these entities is essential for navigating the complexities of international finance.

International financial entities encompass a range of organizations that operate across national borders to facilitate financial transactions and investment. These include:

The operations of international financial entities are governed by a combination of domestic laws, international treaties, and regulations established by supranational organizations. Key components of this framework include:

International financial entities are integral to the functioning of the global economy. A deep understanding of their legal context and operational challenges is essential for stakeholders to navigate the complex landscape of international finance effectively. This knowledge enables informed decision-making and promotes robust financial practices that contribute to sustainable economic growth.

Grupo Caribe

Caribe Express: Market Reach and Competitive Advantages

Caribe Express stands out as a market leader in the Dominican Republic's remittance and currency exchange sectors, leveraging its extensive reach and strategic advantages to deliver exceptional services.

Market Reach

  1. Extensive National Network: With over 200 branches strategically located across the Dominican Republic, Caribe Express ensures accessibility to urban and rural communities alike. This broad presence allows customers to conveniently send, receive, and exchange money regardless of their location.

  2. Global Partnerships: Caribe Express collaborates with international financial institutions and remittance networks, enabling seamless money transfers to and from the Dominican Republic. These partnerships connect the Dominican diaspora with their families, fostering strong ties across borders.

  3. Diverse Customer Base: By catering to both individual customers and businesses, Caribe Express serves a wide range of financial needs, from personal remittances to corporate currency exchange transactions.

Competitive Advantages

  1. Trusted Brand: With decades of experience and a reputation for reliability, Caribe Express is a trusted name for remittance and exchange services, offering peace of mind to its customers.

  2. Speed and Efficiency: The company prioritizes fast and efficient transactions, ensuring that customers' funds are delivered promptly, a critical factor in the remittance market.

  3. Customer-Centric Approach: Caribe Express focuses on delivering personalized and high-quality service, supported by a dedicated and professional team.

  4. Innovative Solutions: By adopting modern technology and digital tools, Caribe Express enhances the customer experience, offering convenient options such as online transfers and mobile accessibility.

  5. Competitive Pricing: The company offers transparent and competitive fees for its services, making it an attractive choice for cost-conscious customers.

  6. Economic Impact: As a key player in the remittance industry, Caribe Express contributes significantly to the Dominican economy by facilitating the flow of funds that support families and drive local development.

Conclusion

Caribe Express’s extensive reach, commitment to customer satisfaction, and innovative solutions make it a market leader in the Dominican Republic. Its ability to connect people and businesses globally while maintaining a strong local presence ensures its continued success in the competitive financial services sector.

Caribe Express - Dominican Republic

Caribe Express is a prominent Dominican company specializing in the collection and distribution of remittances, as well as currency exchange services. Founded in 1979 as Casa de Cambio La Nacional S.A. by Mr. José Andrés Hernández Andújar, the company evolved to meet the needs of Dominicans living abroad. In 1997, it adopted the name Caribe Express, solidifying its position as a leader in the sector.

The company is part of Grupo Caribe, which encompasses various activities and services, including passenger transportation, financial operations, and hospitality.

With over 200 branches nationwide, Caribe Express offers extensive national coverage, making its services easily accessible to its customers.

Caribe Express's mission is to fully meet its clients' expectations in remittance collection, distribution, and currency exchange in the Dominican Republic. Its vision is to remain a market leader and benchmark in money transfer and currency exchange services, offering personalized service while maintaining excellence and ethical principles.

Agente de Cambio La Nacional S.A.

Agente de Cambio La Nacional (ACN) is a leading Dominican company specializing in currency exchange services. Established on June 27, 1979, by the esteemed entrepreneur Mr. José Andrés Hernández Andújar, the company was initially known as Casa de Cambio La Nacional, S.A., focusing on check and currency exchanges. In response to a resolution by the Monetary Board, the company was renamed Agente de Cambio La Nacional, S.A., on July 22, 1997.

ACN

Our Services

ACN's primary services include:

Currency Exchange: Buying and selling of U.S. dollars, euros, and other convertible foreign currencies in cash.

Check Transactions: Purchase and sale of checks denominated in foreign currencies.

Wire Transfers: Handling the purchase and sale of dollar-denominated transfers.

Mission

To offer personalized currency exchange services that meet our clients' needs, adhering strictly to the current regulations set by regulatory entities.

ACN

Vision

To be the benchmark company in the currency exchange market, achieving maximum technological, financial, and labor development within our organization to continue providing excellent service to our clients.

ACN

Our Strengths

Security

Trust

Dedication

Responsibility

Our Values

Commitment: We fulfill our promises by offering competitive rates, time savings, and secure transactions.

Responsibility: We honor our commitments, striving to meet our clients' requirements.

Security: We provide a reliable environment for our clients' transactions.

Transparency: We build credibility by adhering to established norms and procedures.

Trust: We meet our obligations to all stakeholders.

Teamwork: We work collaboratively to satisfy the needs of both internal and external clients.

Contact Information

Santo Domingo Office:

Address: Av. 27 de Febrero, Esq. Leopoldo Navarro, Plaza Caribe Tours, Suite 206, Santo Domingo, Dominican Republic

Phone: +1-809-688-8107

Email: sd@acn.com.do

Santiago Office:

Address: Av. 27 de Febrero, Esq. Las Américas, Plaza Caribe Tours, Santiago, Dominican Republic

Phone: +1-809-576-0801

Email: sa@acn.com.do

For more information, visit our website: www.acn.com.do

At Agente de Cambio La Nacional, we are committed to providing secure, transparent, and efficient currency exchange services, ensuring the utmost satisfaction of our clients.

Featured Products

Commercial Checking Account

Fixed Term Deposits

Wire Transfers

Our Services

Checking Accounts

Opening an account with Caribbean International Bank (CIB) provides you with a range of benefits designed to make banking simple, secure, and convenient. Here’s what sets CIB apart:

  1. Personalized Service: At CIB, we prioritize building strong relationships with our clients. Our team of professionals is committed to understanding your needs and delivering tailored solutions.

  2. Modern Banking Tools: Manage your finances anytime, anywhere with our cutting-edge online and mobile banking platforms. Access your account, transfer funds, pay bills, and monitor your transactions with ease.

  3. Competitive Rates and Low Fees: Enjoy competitive interest rates and account options designed to help you grow your savings, all while keeping fees transparent and minimal.

  4. Wide ATM Network: Access your funds conveniently through our extensive ATM network, ensuring you can bank wherever you go.

  5. Security and Peace of Mind: Your funds are protected with industry-leading security measures, giving you the confidence that your money is in safe hands.

  6. Diverse Product Offerings: From checking and savings accounts to tailored financial solutions, CIB offers a variety of products to suit your personal or business needs.

  7. Community Focused: As a proud member of the Caribbean community, we’re dedicated to supporting local growth and empowering our clients to achieve their financial goals.

Choose CIB and experience the benefits of banking with a partner who values your financial well-being.

Fixed Term Deposits

Securing your financial future is easy with a Fixed Term Deposit from Caribbean International Bank (CIB). Here’s why our Fixed Term Deposit accounts are a smart choice:

  1. Guaranteed Returns: Enjoy peace of mind knowing your investment grows at a fixed interest rate, ensuring predictable and stable returns over the term of your deposit.

  2. Competitive Interest Rates: Maximize your savings with highly competitive rates that allow your money to work harder for you.

  3. Flexible Terms: Choose from a variety of term lengths to align with your financial goals, whether you're saving for a short-term need or a long-term objective.

  4. Low Risk Investment: Fixed Term Deposits offer a safe and reliable way to grow your funds, making them ideal for risk-averse savers.

  5. Security and Stability: Your deposit is protected by CIB’s trusted banking system, ensuring the safety of your hard-earned money.

  6. Automatic Renewal Options: Simplify your savings strategy with automatic renewal options that help you stay invested without missing a beat.

  7. Tailored to Your Needs: Whether you're an individual saver or a business looking to optimize cash flow, our Fixed Term Deposits offer solutions to fit your specific requirements.

  8. Dedicated Support: Our team of financial experts is always available to guide you and help you make the most of your savings.

With CIB’s Fixed Term Deposits, you can confidently grow your wealth while enjoying the stability and security of a trusted financial institution. Start saving smarter today!

Wire Transfers

At Caribbean International Bank (CIB), we make transferring funds locally and internationally fast, secure, and hassle-free. Here’s why using our wire transfer services is the ideal solution for your financial transactions:

  1. Speed and Efficiency: Send and receive funds quickly, whether across the country or around the world, ensuring your transactions are completed on time.

  2. Global Reach: CIB's wire transfer services connect you to banks and financial institutions worldwide, making it easy to support international payments and transfers.

  3. Security You Can Trust: Your transactions are processed using advanced encryption and fraud protection measures, safeguarding your funds and personal information.

  4. Flexible Currency Options: Wire transfers can be sent in multiple currencies, allowing you to handle international business and personal payments seamlessly.

  5. Reliable for Large Transfers: Wire transfers are an ideal choice for high-value transactions, offering precision and reliability for important payments.

  6. Easy Process: Our streamlined wire transfer process ensures minimal paperwork and a smooth experience, with the assistance of our knowledgeable staff.

  7. Transparent Fees: Benefit from clear and competitive fee structures, so you know exactly what to expect with every transaction.

  8. Real-Time Tracking: Stay informed with real-time updates on the status of your wire transfer, providing peace of mind and transparency.

Whether you're managing business payments or sending money to loved ones, CIB's wire transfer services provide the convenience and security you need. Trust CIB for your local and international money transfer needs!