Good money exchange in Pattaya?

[Spitzbube]

Are traveler's checks treated the same as cash?

[rxpharm]

(Spitzbube @ Jun. 23 2009,18:28) Are traveler's checks treated the same as cash?

At the Bank foreign exchange booths yes, however for most Thai businesses no. Some like the convenience of using ATMs however most Thai banks charge a 150 Baht foreign ATM card transaction fee - which is on top of the fee your bank may charge - plus whatever they skim on the exchange rate for the day.

Travelers cheques have the advantage of having a better exchange rate than cash at the booths - however there is a stamp charge fee of 33 baht per cheque. It is best to get higher denomination cheques (500 $, Euro, etc) and is the best deal if you have a facility for no commission travelers cheques because of your bank account or credit card (some gold cards give this benefit).

[Master Bator]

(manarak @ Jun. 16 2009,07:17) I'll be happy to meet up with you guys from the forum.

Quite sure I will see you in Pattaya

[manarak]

yes... soon!