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Best travellers cheques....

Travel Forums Asia Best travellers cheques....

1. Posted by Ed83 (Budding Member 29 posts) 10y

Anyone know which travellers cheques charge lowest commision when buying and changing back? Does it even vary much? Also which are the most widely accepted brands? Going to to the standard SE Asia countries of Thailand, Cambodia, Vietnam and Laos so nothing too far out of the way. Thanks in advance! Ed

2. Posted by karazyal (Travel Guru 1594 posts) 10y

Quoting Ed83

Anyone know which travellers cheques charge lowest commision when buying and changing back? Does it even vary much? Also which are the most widely accepted brands? Going to to the standard SE Asia countries of Thailand, Cambodia, Vietnam and Laos so nothing too far out of the way. Thanks in advance! Ed

The best travellers checks are those you get without paying a fee and they are accepted in many countries! I get my American Express traveller's checks without any fees through my credit union. Check with a credit union back home and see if they offer that benefit to their members.

In Thailand I have never had a problem cashing a TC! The banks at the airport and in town do require a passport for identification. The fee to cash a TC is 33 baht in Thailand. I have noticed other TC's being cashed from other countries in pounds and euros. Only take the largest denomination because you want to avoid a lot of fees on small amounts. Excess money can be converted back into your home currency when you depart at the airport.

U.S. dollars accepted quite a bit in Cambodia and Laos. On the border with Thailand you can also use some Thai baht.

KA

3. Posted by vegasmike6 (Travel Guru 3562 posts) 10y

Ed,
'karazyal' is right, free is best! However, many of us are not that fortunate to get our TC with no fee. Am Ex will charge you 1%, so $1,000 will cost you $10. I think Thomas Cook charges the same. Both are readily accepted with your passport. You will be charged a fee when cashing them, so larger denominations are better value. Dollars are used in Vietnam as well as Cam. & Laos. Have dollars with you if possible.