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ABC
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Diddler:
Quote: from Diddler on 2:25 pm on June 13, 2004
ABC,
So, do you change a substantial amount of $100s at Don Muang, or do you change small amounts as needed in Pattaya? My tendency is to want to change a large amount upon arrival, stash it in a safety box, and use as needed.
Diddler
This is just my personal preference. I also exchange cash and not t.c's.
It all depends on how much I'm gonna exchange and alo my time table. If I'm pressed for time, then I'll change more at the airport. I used to change more @ the airport, but have noticed that the rates are gettin' worse and worse.
I know that does not answer your question exacatly.
But, if you are going to exchange around $1K or more then I would suggest only exchangin' $100 @ the airport and then exchangin' the bulk somewhere else.
If it's a small amount like $500 then I would just exchange it there to save yourself the trouble in the future of having to carry that amount in my pocket and walk around after you've exchange the money.
EX: I believe that difference between the airport and a currency exchange station that is not at a bank is about.50 baht... give or take a couple baht. (EX: outside airport 40.21, airport 39.70)
So, If you exchange $1,000 @ the airport you will be essentially losing around 500 baht or $10. That is enough for me to exchange it somewhere else.
But, if you exchange $500, then you will only lose around 250 baht or $5. Personally, I'll eat the $5 to be done with the hassle of exchangin' the money.
Again, this is just me. I'm not rich, but hassle of exchangin' outside is not worth $5 or less.
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Thai Girls : Meet Sexy Thai Girls
Posted on: 6:05 pm on June 12, 2004
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Mr Alan
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When you exchange at the airport, they usually charge a fee on top of the mediocre exchange rate. That fee is much higher than charged at banks for TC's and the fee also applies to cash exchanges.
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 8:38 pm on June 12, 2004
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Diddler
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Mr Alan,
Very interesting! This is the first time I have heard there was a fee for changing $100 bills (cash) at Don Muang. Does the fee apply to each transaction in total, or to each bill exchanged?
Diddler
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Thai Girls : Meet Sexy Thai Girls
Posted on: 10:32 pm on June 12, 2004
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Mr Alan
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I don't recall the exact charges. I have exchanged money at many airports around the world and they all seem to charge a fee in addition to exchange rate. I guess it is possible that my memory has failed me and they don't charge a fee at Don Muang airport, but just adjust the exchange rate more in their favor.
In either case, it is best to exchange at the airport only what you need until you can get to a bank for a better rate and/or lower fees. Obviously this depends on what time of day you arrive, your plans for the evening, and when you can get to one of the many banks (or bank branches) around town.
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Bangkok Girls : Meet Sexy Bangkok Girls
Posted on: 11:00 pm on June 12, 2004
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Goiania
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Traveller Checks - Amexo = American Express
I found in my book, that at the airport is a "American Express Office" where you can change your AM-Traveller-Checks. Do they offer the best rates? Or it's better in town?!
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Thai Women : Meet Matured Thai Women
Posted on: 4:06 am on June 13, 2004
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Mr Alan
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You "might" (or might not) get a break on the 20-30 baht per check fee that banks charge at an American Express Foreign Exchange Services location.
Here is the location at the airport. Maybe you (or someone) can call them.
Bangkok International Airport Exc. Center 5
Terminal 2 - Floor 3
Bangkok, Thailand 10210
Telephone : +66 (0) 2504 3435
Hours of operation: Monday - Friday 9:00 AM - 5:00 PM
The major BKK banks give an exchange rate for Amex TC’s that is better than cash, so I don’t know how much better you can get than that (although the 20-30 baht per check fee slightly offsets that).
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Bangkok Women : Meet Beautiful Thai Girls
Posted on: 4:24 am on June 13, 2004
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lomatopo
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I too have not used Traveler's Checks in many years. However, I was interested in them now as a potentially safer and cost-effective method of bringing in $ 9,000 USD for means of establishing a bit of a financial base in Thailand. That is why I was trying to understand the total cost of the transactions. Other alternatives, like wire transfers and debit card withdrawals, seem to be a bit more costly and/or may not be feasible for me. Carrying cash is OK, but there is always the odd occurence resulting in total loss.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 3:42 pm on June 13, 2004
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Mr Alan
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I don't think you can go wrong with Amex TC's, especially if you can get them for free.
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Thai Girls : Meet Active Thai Girls
Posted on: 4:14 pm on June 13, 2004
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Goiania
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I checked out with American Express Office and they told me, that at any AE-Office they don't charge any fees and in Thailand you profit of the better exchange-rates (and of course it's more safe) > same rates like at the bank!
So I think for all traveller how ar willing to spend about US$ 2000-4000 can make pay some tips for TG (or beers) with this extra...
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Thai Women : Meet Matured Thai Women
Posted on: 2:04 am on June 16, 2004
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Mr Alan
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Not that I don't believe American Express, but I would have to check their exchange rates very carefully to be sure they were as good as a bank. The TC cashing fee is quite small, and a small difference in exchange rates could wipe that out.
Also, I prefer to cash my TC's every 3-4 days and not all at once. That way, I don't have to worry if they get lost or stolen. The American Express Office is not very convenient to most people who are staying in the Sukhumvit area.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 2:39 am on June 16, 2004
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