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Banco BHD review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Banco BHD suits Dominican savers who want their money available the same day rather than the highest rate on the table. The account pays 0.15% on an easy-access balance, but a DOP 150 monthly charge and a DOP 3,000 minimum deposit mean it rewards convenience, not squeezing the most from a deposit.

Key facts

Best for
Everyday savings in the Dominican Republic that you may need to draw on at short notice.
Headline rate
0.15%↗
Rate type
Variable↗
Term
6 to 60 months↗
Minimum deposit
DOP 3,000↗
Access terms
Access to the account and funds from the moment of creation, no notice period; interest paid monthly, calculated daily on available balance↗
Monthly fee
DOP 150↗
Account kind
Easy access↗
Legal entity
Banco Multiple BHD, S.A.↗
Headquarters
Dominican Republic↗
Founded
1972↗
Support channels
Phone, Email, Help-centre, Chat↗
Official website
bhd.com.do

Loans

Credit check
Hard↗
Funding time
Approval and disbursement within 48 hours↗
Lender type
Direct lender↗
Eligibility
ID card or passport, good credit history, minimum six months of job stability, last three bank statements; non-residents need a co-signer (fiador solidario)↗
Loan types
Personal↗
Credit needed
Good↗
Use cases
Home-improvement↗
Features
Credit line

Credit cards

Card kind
Credit↗

Mortgages

Fixed period
15 years↗
Maximum loan to value
80%↗
Purpose
Purchase↗

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
LinkedInX

Pros and cons

Pros

  • Help runs through phone, email and help centre, giving you several ways to reach the bank rather than one
  • Founded in 1972 and supervised by the Superintendencia de Bancos de la Republica Dominicana
  • Lending is handled in house as a direct lender, so savings and borrowing sit with the same bank

Cons

  • The DOP 150 monthly charge comes out of a 0.15% rate, so it bites hardest on small balances
  • The DOP 3,000 minimum deposit sits above the €0.17 typical of savings accounts in this category, so small first deposits are out of reach
  • A variable rate of 0.15% leaves the account well under the 3% across the site
Banco BHD

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Scored 9.4 / 10 by SumCue.

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Who it suits

  • Dominican savers who need same-day access to their balance
  • People already banking with BHD who want savings and lending in one place
  • Customers who prefer a licensed local bank over an overseas platform

Who should look elsewhere

  • Wise or bunq users chasing a stronger rate, since 0.15% trails the 3% across the site
  • Finteres customers starting small, because the DOP 3,000 minimum sits above the €0.17 in this category
  • Anyone wanting a cost-free account, since DOP 150 comes off every month

Fees and currency costs

The savings account carries a DOP 150 charge every month, whatever balance you keep, and you need a DOP 3,000 minimum deposit to open it. The monthly charge is the running cost of holding the account, so it bites harder on a small balance than on a large one. The DOP 3,000 opening figure also sits above the €0.17 typical of savings accounts in this category, which puts small first deposits out of reach.

Who runs it

The bank is Banco Multiple BHD, S.A., based in the Dominican Republic, and it has been trading since 1972. It is licensed and supervised in the Dominican Republic by the Superintendencia de Bancos de la Republica Dominicana. Support runs through phone, email and help centre, so you can reach the bank by phone, email, chat or the help centre.

How Banco BHD compares

Where Banco BHD is available

Available
Dominican Republic
Licence in Dominican Republic
Superintendencia de Bancos de la Republica Dominicana (H-023-1-00-0101), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does Banco BHD pay, and can it change?+

The account pays 0.15%, and the rate is variable, so it can move rather than staying locked. That is well under the 3% typical across savings accounts on the site, which is why this reads as a convenience account rather than a rate play.

What does it cost to keep the account open?+

There is a DOP 150 charge every month on the savings account, and it applies whatever balance you hold. That fixed cost works out heavier on a small balance than a large one, so it is worth weighing before you open.

How much do I need to open the account?+

You need a DOP 3,000 minimum deposit, which is more than many people set aside as a first balance. For context, the €0.17 typical of savings accounts in this category sits well below that figure.

Who runs and regulates the bank?+

The account is held with Banco Multiple BHD, S.A., a bank founded in 1972 and based in the Dominican Republic. It is licensed and supervised by the Superintendencia de Bancos de la Republica Dominicana, the country's banking supervisor.

How do I get help if something goes wrong?+

Help runs through phone, email and help centre, giving you several ways to reach the bank rather than one. Support sits with the same legal entity behind the account, Banco Multiple BHD, S.A., which has been trading since 1972.

Does BHD lend money as well as hold savings?+

Yes. BHD is a direct lender, so personal loans come straight from the bank. Applications carry a hard credit check, ask for good credit, and run with terms of 6 to 60, with Approval and disbursement within 48 hours stated for approval and payout.

Sources

Compiled from 8 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Deposit protection.

Banco BHD

Banco BHD

Everyday savings in the Dominican Republic that you may need to draw on at short notice.

9.4/10See alternatives