Welcome to BOSS Money blog

Crucial tips on how to save money on international money transfers.

Recent articles
Guide to Dominican currency and exchange rate

The Dominican peso, written as DOP or RD$, is the country’s official currency. If you are in the Dominican Republic or planning to visit the beachy country anytime soon, you must know the exchange rate so you can plan your spending and avoid paying more than you should.

Guide to Dominican currency and exchange rate
Different types of currency around the world

Money talks. It always has, but in this day and age, it’s become more important for money to be “translated.” In a way, you can consider money as a universal language, with hundreds of dialects being the different currencies around the world.

Different types of currency around the world
Rules on gifting money to family: What you need to know

Helping loved ones financially, whether it means supporting a child through college, assisting aging parents, or sending funds abroad, can be both rewarding and practical. Cash gifts let you share your resources when they matter most, creating security and opportunities for the people you care about.

Rules on gifting money to family: What you need to know
Bank transfer reference: what it is and why it matters

A simple oversight in this step can cause confusion, delays, or even additional banking fees if the payment has to be investigated. That’s where the bank reference comes in.

Bank transfer reference: what it is and why it matters
Electronic money explained: What it is, how it works & why it matters

Imagine paying for groceries with your phone, splitting a bill with friends after a dinner out, or buying online game credits without needing cash. You might also send money overseas in just a few minutes. These simple tasks all rely on electronic money.

Electronic money explained: What it is, how it works & why it matters