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Banking in Bangkok

Travel Forums Asia Banking in Bangkok

1. Posted by john7buck (Respected Member 458 posts) 10y

This might be a dumb question, but here goes anyway:

I'll be travelling from Bangkok into Myanmar where I hear banks, ATMs, credit cards and travelers cheques are more or less useless.

From what I hear, US Dollars are the best currency to travel with. So my question is this: would I be able to withdraw a large amount of US dollars from my own US account from a bank in Bangkok of which I am not a member? I assume I could use an ATM, but would have to do so over several days depending on what my daily max withdrawal is.

Perhaps cashing a heap of traveler's cheques would be a better idea?

Any better ideas, I'm all ears.

Thanks much!

John

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

John,
What I do is bring my dollars with me. VN & Cambodia prefer US money and I bring about 1K in large and small denominations. I do have a Brit friend in Pattaya that changes Thai baht into US when he makes his visa run with me to Phnom Penh. It can be done, I just have not done it.

Nice photos by the way. I used to ski in Winter Park, 1976-80. Now my bum knee prevents me from getting down the slopes anymore.

3. Posted by buzzard (Respected Member 187 posts) 10y

In Bangkok you can't walk a block without running into an ATM: they are everywhere. Even in upcountry provinces they are plentiful. But don't be surprised if your bank slaps on a foreign exchange charge each time you use the ATM.
Meanwhile, over in Myanmar, forget it. Cash only. I've heard a few of the very high-end hotels will take credit cards, but once again they are liable to add a service charge of some sort to the transaction. Which will also still happen at some places in Thailand. They definitely prefer cash.