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Banking in Bangkok

Travel Forums Asia Banking in Bangkok

1. Posted by john7buck (Respected Member 458 posts) 11y Star this if you like it!

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 3573 posts) 11y Star this if you like it!

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) 11y Star this if you like it!

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.