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best exchange rate

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  #1 (permalink)  
Old 18th September 2009, 02:30 PM
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Default best exchange rate

Hi,

I am going to Thailand soon. Where would I get the best exchange rate for my money? What about ATM machines in the airport? Is it a good place? I am thinking of getting some Baths from my bank before leaving. Do you think that banks have good rates?

Thanks,

Bulgakov

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Old 19th September 2009, 06:37 AM
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Quote:
Originally Posted by Bulgakov View Post
Hi,

I am going to Thailand soon. Where would I get the best exchange rate for my money? What about ATM machines in the airport? Is it a good place? I am thinking of getting some Baths from my bank before leaving. Do you think that banks have good rates?

Thanks,

Bulgakov
Open a bank account in Thailand.(with ATM and internet possibility).
Make (regular) transfers from your home country account to your Thai account.
Atm withdraw (up till 30.000 baht a time) is cost free.
Coming to Thailand,have some small money with you (taxi costs) and use the ATM's at a bank as soon as possible.
Exchange rates are changing from day to day,so I would not worry too much.
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Old 19th September 2009, 03:15 PM
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oddball will become famous soon enoughoddball will become famous soon enough

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Hasn't a B150 charge been tagged on recently , lots of people have complained about it .
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Old 20th September 2009, 01:15 AM
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Not if you use your Thai ATM /debetcard in Thailand
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Old 20th September 2009, 05:38 AM
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So it is just another rip off for the people who have decided to visit Thailand , all I can add is that the Thai are shooting themselves in the foot very rapidly , what with all of the latest scams being brought to light and broadcast around the world , this on top of the more serious crimes commited against them on a day to day basis , glad I picked a more congenial place to visit .
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Old 22nd September 2009, 06:16 AM
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Best exchange rates? all who lives in BKK knows that there is super rich.
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Old 23rd September 2009, 02:09 AM
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Originally from uk. Expat in thailand.
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Quote:
Originally Posted by Bulgakov View Post
Hi,

I am going to Thailand soon. Where would I get the best exchange rate for my money? What about ATM machines in the airport? Is it a good place? I am thinking of getting some Baths from my bank before leaving. Do you think that banks have good rates?

Thanks,

Bulgakov
Don't exchange for Thai Baht outside of Thailand - you will get a vey bad rate of exchange.
I go often and simply exchange some Canadian or US $ or travellers Cheques (these get the best rate) at the airport exchange desk - on the way through to the arrivals lounge. The rate is almost as good as at a bank.
Once in Bangkok or any other large town you can exchange in any bank and get the best rate. Rates are slightly higher for larger denomination US$ notes or Travellers Cheques.
I also have used credit cards in many places in Thailand from department stores to hotels to shops in smaller towns and have never had a problem - unlike my experience in Canada where my Credit card company has phoned 3 times this year to say my card has been compromised and to check on purchases I might - or might not, have made.
Relax and have fun.
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Old 23rd September 2009, 08:57 AM
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I agree, change Foreig currency when yoget here. Bank Rates are all similar. There are some non-bank Money changers - 1 very wel-knonw one on Sukhumvit where the exchange rate is marginally higher, but nothing that you would notice.
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Old 24th September 2009, 11:00 AM
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Airport rates are not bad, banks and ATMs are good option too, but if you want to best exchange rates you need to change your money with Gold's Bank!
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Old 24th September 2009, 02:35 PM
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Any more useful information such as where we might find Gold's Bank?
Can't say i've noticed any branches in my Thai travels.
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