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. 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.
These cards allow you to make purchases anywhere you can use a credit card, in addition to allowing you to withdraw cash from an ATM. When the card is used as a debit card, the transaction will be reflected as a POS on your bank statement.A POS situation on your bank statement is an abbreviation for point-of-sale and designates that a purchase was made using your debit card.Purchases recorded as point-of-sale mean that you entered your PIN number to authorize the transaction and therefore were possibly physically present for the purchase.hese cards allow you to make purchases anywhere you can use a credit card, in addition to allowing you to withdraw cash from an ATM. When the card is used as a debit card, the transaction will be reflected as a POS on your bank statement.