The Central Bank of the Dominican Republic maintains responsibility for the printing and issuance of currency, and the regulation of the nation's banking ~ monetary system. . The country's monetary board, which is supervised by the Governor of the Central Bank, directly determines monetary and foreign exchange policies.
Automatic Transfer Service - ATS. Share. DEFINITION of 'Automatic Transfer Service - ATS'. A banking service offered to customers that has both a general and specific meaning. On a general level, it can mean any automatic transfer of funds between customer accounts.
For general EFTPOS based systems, see Debit card. Electronic funds transfer at point of sale (EFTPOS /ËÉftpÉs/) is an electronic payment system involving electronic funds transfers based on the use of payment cards, such as debit or credit cards, at payment terminals located at points of sale. EFTPOS technology originated in the United States in 1981 and was adopted by other countries.