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Money in Thailand?

Travel Forums Asia Money in Thailand?

1. Posted by Nik6014 (Budding Member 5 posts) 7y

Hello,

I've just been reading some posts and wanted to check something...

I am off to Thailand for a month on 31/01/2009 and my plan was to take £100 in baht with me and then just have my debit and credit card with me and take money from ATM'S.
I've notified my bank of my plans.

Is this ok? Do you think I should take more hard cash? Should I take sterling and change it when in Thailand or take baht?

Thanks in advance
Nik

2. Posted by Hien (Moderator 3906 posts) 7y

I'd exchange only £20 in the UK just for emergency use at the BKK airport. Keep the remaining £80 with you and change more when you are in Thailand. You'll get a better rate exchanging currency in South East Asia than in the UK.

3. Posted by karazyal (Travel Guru 1595 posts) 7y

Quoting Nik6014

Hello,

I've just been reading some posts and wanted to check something...

I am off to Thailand for a month on 31/01/2009 and my plan was to take £100 in baht with me and then just have my debit and credit card with me and take money from ATM'S.
I've notified my bank of my plans.

Is this ok? Do you think I should take more hard cash? Should I take sterling and change it when in Thailand or take baht?

Thanks in advance
Nik

Don't bother changing money over to Thai baht in your country, wait until you get to Thailand and you will get a better return. You can change cash, travelers checks and use the ATM right at the airport. You will need to get some small bills too for paying the taxi driver. A 500 baht note may be too high for a taxi driver to cash, besides they expect you to stupidly say "keep the change!" Having small bills makes it easier dealing with small shops and street vendors.

Thailand uses real banks to change most of the money over. Several at the airport and lots and lots of them in the major cities. They have little mini bank money changers all over Bangkok, Pattaya, Chiang Mai and Phuket.

MAKE SURE you notify your bank that you will be using their debit card overseas or your withdrawal from an ATM may be denied. The company may suspect that your card is stolen or there is some fraud going on if some withdrawals show up from Asia suddenly.
Some ATM charges may be a little high, take out the most you can at one time to cut down of lots of charges for low value ATM withdrawals. The maximum that I can take out at one time overseas has been 10,000 baht. There is supposed to be some ATM's that pay 20,000 in Thailand but I have never seen any.

There is no problem with taking more cash. I take cash, travelers checks (I get them free of commission from my credit union,) and my debit card for ATM withdrawals. I do bring a credit card too but keep that only for emergencies.

Oh yeah, you won't get stuck with Thai money, at the airport you will have a chance to change your money over before you board your plane.

Good luck.