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How should I take money to Thailand

 
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who-rider9



Joined: 10 Jul 2007

PostPosted: Mon Jan 28, 2008 9:40 pm    Post subject: How should I take money to Thailand Reply with quote

Im getting ready to head to Thailand for about 10 days and was wondering what is the easiest/best way to take money with me. Should I buy a T/C from my bank (shinhan bank) or just carry loads of cash? Carry loads of cash doesnt sound like the smartest idea but I've heard that some have had problems trying to cash their T/C's when they get there. Is there a specific T/C that I should get (Visa or American Express) that will be very easy to cash over there? And where would be the best place to exchange money (BKK airport or Incheon or somewhere else)? Thanks ya'll for all the help. Cheers
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Mon Jan 28, 2008 10:19 pm    Post subject: Re: How should I take money to Thailand Reply with quote

who-rider9 wrote:
Im getting ready to head to Thailand for about 10 days and was wondering what is the easiest/best way to take money with me. Should I buy a T/C from my bank (shinhan bank) or just carry loads of cash? Carry loads of cash doesnt sound like the smartest idea but I've heard that some have had problems trying to cash their T/C's when they get there. Is there a specific T/C that I should get (Visa or American Express) that will be very easy to cash over there? And where would be the best place to exchange money (BKK airport or Incheon or somewhere else)? Thanks ya'll for all the help. Cheers


Tuck a few $100 bills into each of your pockets and you will be fine.

Use the safe deposit boxes at the hotel.
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seoul101



Joined: 13 May 2006
Location: Seoul

PostPosted: Wed Jan 30, 2008 1:22 am    Post subject: Reply with quote

In the past I've used my UK debit/credit cards to withdraw money.. but coming from Korea using my K-money I've also been advised to take USD and change it into THB once there.

Where's a good place to change money?
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BTSskytrain



Joined: 11 Oct 2007

PostPosted: Wed Jan 30, 2008 8:18 am    Post subject: T- checks Reply with quote

Take American Express T - checks with you. You'll have absolutely no problem cashing them with your passport. Best rates are usually at the street booths and sometimes banks. Worst rates are at the airport and hotels. As previously advised, use the safety deposit box at the hotel service counter (not the safe in your room) to store your money.

No need to exchange money prior to arriving in Thailand. Wait until you get there as the offshore rate is currently running 2-3 baht less than the inland rate.
Upon your arrival at the BKK airport, exchange only enough money to get you to a street exchange booth where you will get a slightly better rate.

by the way, if you're heading to Patts send me a PM and i can steer you in the right direction.
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laura-and-ryan



Joined: 01 Sep 2007
Location: Bucheon, Orig from Ireland and Canada

PostPosted: Wed Feb 13, 2008 4:03 am    Post subject: Reply with quote

are these booths open over weekends?
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crusher_of_heads



Joined: 23 Feb 2007
Location: kimbop and kimchi for kimberly!!!!

PostPosted: Wed Feb 13, 2008 5:07 am    Post subject: Reply with quote

laura-and-ryan wrote:
are these booths open over weekends?


Most are, yes.

Once you've exchanged money, you may come across one who will not give you smaller bills unless you are exchanging money-I showed the Baht first, and the old bag turned her back until I showed the won-she turned around so I reached into my pocket and threw a 1 baht coin into the window and told her to have a nice day.
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Khunopie



Joined: 21 Oct 2003
Location: Fucking, Austria (pronounced "Fooking")

PostPosted: Wed Feb 13, 2008 6:39 am    Post subject: Reply with quote

If you take TCs only get AmEx. Others can be difficult to cash. And take US 100 denominations as the banks charge a fee (30 baht?) for each TC changed.
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livinseoul



Joined: 28 Nov 2007

PostPosted: Wed Feb 13, 2008 3:23 pm    Post subject: Reply with quote

Do not use the safe deposit box in the hotels. It is a common scam in Thailand for an employee of the hotel to open your box when you are out steal the contents and disappear upcountry.
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mrsquirrel



Joined: 13 Dec 2006

PostPosted: Wed Feb 13, 2008 4:16 pm    Post subject: Reply with quote

Just take cash.

I don't get this asking how to carry money. What did you do before you came to Korea how did you make a decision to have money when you first arrived here? Did you bring cash or credit cards or your piggy bank?
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ceesgetdegrees



Joined: 12 Jul 2007

PostPosted: Wed Feb 13, 2008 4:18 pm    Post subject: Reply with quote

I don't think it's that "common". I've been around a few thai/falang message boards and have never heard of it. Personally i hate leaving money/valuables at receprtion as i feel stupid having to ask them for the key each time i want cash or whatever.
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livinseoul



Joined: 28 Nov 2007

PostPosted: Wed Feb 13, 2008 4:52 pm    Post subject: Reply with quote

Believe me it's very common. Oh and I am sorry I am not talking about the behind the reception safe deposit boxes, although valueables do get stolen there also. I am talking about the in room safes where you set/enter a pin.
Here it is very common.
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phatrick



Joined: 18 Apr 2006
Location: Busan

PostPosted: Wed Feb 13, 2008 8:37 pm    Post subject: Reply with quote

take cash and open a Thai bank account when you get there... you will even get a debit card with a visa logo that works anywhere in the world Razz
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