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.
The term 'Point of Sale' (POS) is ambiguous. It can refer to the cash till or payment machine as a whole, or just to the bit that reads the card. Usually, it means the whole cash register, and sometimes includes the human operator as well. There are at least two types of payment card.