Taking money out of ATMs

Hi there,

If i was using my ATM/Debit card to get cash out in Phuket to I get a good exchange rate ? or same as if you were cashing travellers cheques ?

Thanks

Gardie

Taking money out of ATMs

I usually find that the rate you get from using an ATM machine for cash is pretty good in Thailand! However, some card issuers have big fees for ATM use. My advice is to take out the maximum you can at one time to avoid lots of fees for small withdrawals! Don%26#39;t worry about getting stuck with Thai Baht, when you leave you will have a chance to convert the baht back to your currency at the airport.

When you cash a travelers check in Thailand the rate for a travelers check is a hair better than cash! The fee to cash a travelers check is 33 baht, cheaper than an ATM fee.

By the way, exchange rates are set daily. The rate you get today may be a little more or a little less than the day before - but usually only a small change if any. Almost all banks will have the same rate each day.

I use all three Travelers checks (from my credit union with no commission, $100 denominations,) debit card (my credit union pays the first 5 ATM fees,) and cash (I only take big bills like $100.) I keep a credit card for emergency use only!

Pay cash for small cheap purchases in restaurants and shops to help cut down on credit card fraud. Make sure you have small bills for paying for cheap things - like the taxi from the airport! Big bills like 500 baht notes may be too large for some small shops or taxi drivers to make change for.

Cut and paste this money link:

http://www.bangkokbank.com/Bangkok+Bank/Web+Services/Rates/FX+Rates.htm

http://www.bangkokbank.com/Bangkok+Bank/Web+Services/Rates/FX+Rates.htm

TT means travelers checks.

sebum

vc