Jump to content

Best rate? ATM or stack of cash


Recommended Posts

  • Replies 40
  • Created
  • Last Reply

Bring Greenbacks.

The ATM rate, at Aeon, is approx: 30.20

Bangkok Bank rate: 30.08

 

$100 USD at Siam Exchange: 30.4

Phone them to get the current rates.

 

You can see that US dollars will give a higher rate, just check the Bangkok Bank rate and what is posted on Yahoo Finance.

 

http://www.bangkokbank.com/Bangkok%20Bank/Pages/main.aspx

 

http://finance.yahoo.com/currency-investing

(type in for the USD <> Thai Baht rate)

 

USD/THB [change] 30.456499

Link to comment
Share on other sites

One issue is that my bank charges a fee for over seas withdrawals. It is based on the rate so figure $5 for every 15k atm withdraw.

 

Even worse with UK banks, the wife withdrew 15,000B the other day using one of her UK cards. The Thai bank charged 150B and the UK one over £9. Pretty outrageous I'd say.

Simie.

Link to comment
Share on other sites

This is something that hammered me when I stayed in BKK for 3 months, and will hammer me again when I go to Vietnam later this year, but I dont see any way around it. Keeping serious amounts of cash on you is probably OK for a 2-week holiday, but over a longer period I think its a potential disaster.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.


×
×
  • Create New...