Banks within walking distance of Nana Hotel for currency exchange?

[miketu]

Hi all, can anyone tell me if there are banks (especially Bangkok bank) within walking distance of the Nana Hotel on 4 Nana Tai, Sukhumvit Road to go in and do a sizable currency exchange?

 

Thanks,

Mike

Edited December 1, 2017 by miketu

[Thongkorn]

Dont go to the Banks go to the Chinese money changers Near Asok, 

[Bill3173]

Bangkok Bank has a main branch on Sukhumvit Road between Soi 8 & 10 (5 minute walk from Nana). Enter the bank and go up to the first floor via the stairs, go through the glass doors and turn right, where you will find the currency exchange counter.

 

Regards Bill.

[BobTH]

If it is sizable the bigger money changers might give you a little better rate that can add up on a larger amount. I would check the rates.  http://www.vasuexchange.com/index.php

 

[muffy]

Vasu

 

[miketu]

9 hours ago, Bill3173 said:

Bangkok Bank has a main branch on Sukhumvit Road between Soi 8 & 10 (5 minute walk from Nana). Enter the bank and go up to the first floor via the stairs, go through the glass doors and turn right, where you will find the currency exchange counter.

 

Regards Bill.

Great, thanks Bill.

[miketu]

10 hours ago, Thongkorn said:

Dont go to the Banks go to the Chinese money changers Near Asok, 

Thanks.  What/where are the Chinese money changers, are they the walk-up money exchange booths?

[miketu]

6 hours ago, BobTH said:

If it is sizable the bigger money changers might give you a little better rate that can add up on a larger amount. I would check the rates.  http://www.vasuexchange.com/index.php

 

Thanks for the reply.  I checked vasuexchange and the rates are better than the bank.  Do vasuexchange sites have an office you go into to do the exchange or are you standing on the street at a window?

 

Edited December 2, 2017 by miketu

[Just Weird]

10 minutes ago, miketu said:

Thanks for the reply.  What exactly are the bigger money changers and where are they in relation to Nana hotel?

On the corner of Soi 7/1 underneath the BTS.  Closes at 5pm, not open Sundays.

 

Also try Superrich on the 1st level of Nana BTS, they'll be open later.

[BobTH]

2 hours ago, miketu said:

Thanks for the reply.  I checked vasuexchange and the rates are better than the bank.  Do vasuexchange sites have an office you go into to do the exchange or are you standing on the street at a window?

 

It is like a regular bank in a building and close to you. Here is a picture and map. https://get4x.com/en/thailand/bangkok/sukhumvit/vasu-money-exchange-co-ltd

Edited December 2, 2017 by BobTH

[smokie36]

7 hours ago, Just Weird said:

On the corner of Soi 7/1 underneath the BTS.  Closes at 5pm, not open Sundays.

 

Also try Superrich on the 1st level of Nana BTS, they'll be open later.

 

This is the best option.

[blackcab]

Vasu. Don't forget to take your passport.

[uncleeagle]

Banks give terrible rates,  go to one of the small money changers, there are several on Sukhumvit between Nana and Asok. Compare rates though, some are consistently much better than others. 

 

 

[Just Weird]

6 hours ago, uncleeagle said:

Banks give terrible rates,  go to one of the small money changers, there are several on Sukhumvit between Nana and Asok. Compare rates though, some are consistently much better than others.

Banks' rates are hardly "terrible". 

1000 HKD changed at Vasu now gets B4,170.

1000 HKD changed at Bangkok Bank gets B4,070.  

I suppose it depends on what B100 means to you and how much it costs to get to Vasu. If it costs more than B100 to get there, and home again, then Bangkok Bank's rate is the best overall.  Terrible.

[uncleeagle]

3 hours ago, Just Weird said:

Banks' rates are hardly "terrible". 

1000 HKD changed at Vasu now gets B4,170.

1000 HKD changed at Bangkok Bank gets B4,070.  

I suppose it depends on what B100 means to you and how much it costs to get to Vasu. If it costs more than B100 to get there, and home again, then Bangkok Bank's rate is the best overall.  Terrible.

so you are losing 100 baht on this small transaction....thats a starbucks coffee or tea and its an unnecessary loss of 2.5%, for me that makes using the bank totally irrational.

[Just Weird]

6 hours ago, uncleeagle said:

so you are losing 100 baht on this small transaction....thats a starbucks coffee or tea and its an unnecessary loss of 2.5%, for me that makes using the bank totally irrational.

You're right, of course, as long as the cost of getting to the exchange with the better rate costs you nothing.  You're lucky but for many people that isn't the case and in their case using anything but the most convenient facility would be totally irrational.

[Thongkorn]

On 12/2/2017 at 7:34 AM, miketu said:

Thanks.  What/where are the Chinese money changers, are they the walk-up money exchange booths?

They have shops,  usualy they give you at least one baht more than the banks,  Not a lot but if you are changing a large amount it counts.

[uncleeagle]

14 hours ago, Just Weird said:

You're right, of course, as long as the cost of getting to the exchange with the better rate costs you nothing.  You're lucky but for many people that isn't the case and in their case using anything but the most convenient facility would be totally irrational.

LOL....the OP said near Nana....lets assume he can get to either with equal ease and zero cost...how aboyt that?....or get evan more anal?

[Just Weird]

50 minutes ago, uncleeagle said:

LOL....the OP said near Nana....lets assume he can get to either with equal ease and zero cost...how aboyt that?....or get evan more anal?

I was responding to your comment that was not specifically about proximity to Nana but specifically just about the comparison between one rate and another...how about that?

[bkk6060]

On 02/12/2017 at 2:49 PM, Just Weird said:

On the corner of Soi 7/1 underneath the BTS.  Closes at 5pm, not open Sundays.

 

Also try Superrich on the 1st level of Nana BTS, they'll be open later.

The Super Rich locations off the skytrain, etc. do not give their best rates.

But, their headquarters main office off Ratchadamri across from Central World has better rates then the other locations.

[Just Weird]

19 hours ago, bkk6060 said:

The Super Rich locations off the skytrain, etc. do not give their best rates.

But, their headquarters main office off Ratchadamri across from Central World has better rates then the other locations.

I'm aware of that but do you really think that the difference in SuperRich's own rates amounts to anything worth going out of your way for?

[bkk6060]

Just now, Just Weird said:

I'm aware of that but do you really think that the difference in SuperRich's own rates amounts to anything worth going out of your way for?

I know what you are saying.  For smaller amounts, No.

 

[uncleeagle]

15 minutes ago, bkk6060 said:

I know what you are saying.  For smaller amounts, No.

 

the small amounts eventually add to a large amount