Batty Posted July 24, 2019 Share Posted July 24, 2019 I appologise - I am a bit dyslexic when it comes to currency exchange. I am off to the UK for a 2 week holiday. I have THB here in Thailand and also a US account (an actual account in the US) with USD in there. When I am In England, I can either: Use my American card to take GBP out of the ATM - So that would be USD to GBP at the ATM Use my Thai card to take GBP put of the ATM - So that would be THB to GBP at the ATM Take THB in cash with me and exchange in UK for GBP Change THB to GBP in Thailand before I leave Any ideas what is best? Appreciate it, thanks! Link to comment Share on other sites More sharing options...
Popular Post Naam Posted July 24, 2019 Popular Post Share Posted July 24, 2019 14 minutes ago, Batty said: Take THB in cash with me and exchange in UK for GBP worst idea! 3 3 Link to comment Share on other sites More sharing options...
Popular Post stubuzz Posted July 24, 2019 Popular Post Share Posted July 24, 2019 Change THB to GBP here. 6 3 Link to comment Share on other sites More sharing options...
KhunBENQ Posted July 24, 2019 Share Posted July 24, 2019 (edited) 2 hours ago, stubuzz said: Change THB to GBP here. At least enough to survive a week or so if something does not work with the plastic. After that I would probably use the US card. Edited July 24, 2019 by KhunBENQ 1 Link to comment Share on other sites More sharing options...
Batty Posted July 25, 2019 Author Share Posted July 25, 2019 Thanks guys, appreciate the pointers. Link to comment Share on other sites More sharing options...
Batty Posted July 25, 2019 Author Share Posted July 25, 2019 21 hours ago, KhunBENQ said: At least enough to survive a week or so if something does not work with the plastic. After that I would probably use the US card. I should just say, the THB I have here came from the ATM using my US card. So basicly I have pulled THB from my US based USD account - now I will be using that THB to change to USD here in Thailand. Does that make any difference? Link to comment Share on other sites More sharing options...
helloagain Posted July 25, 2019 Share Posted July 25, 2019 On 7/24/2019 at 11:41 AM, stubuzz said: Change THB to GBP here. Agreed Link to comment Share on other sites More sharing options...
Tracyb Posted July 25, 2019 Share Posted July 25, 2019 (edited) I think it depends on whether or not your USA card charges international transaction fees were you to use it in the UK. If your USA bank does NOT charge those fees....then get your GBP in the UK using US dollars on deposit in the USA. When doing so, if the ATM in the UK allows you to proceed without using their conversion rate, do so. You’ll probably find that your USA bank system will provide a better exchange rate. If you convert your THB to GBP here... you’ll be losing value on those funds for the second time. If you’re planning to come back to Thailand, save the THB for your use when you return. Thats my two cents! Edited July 25, 2019 by Tracyb Link to comment Share on other sites More sharing options...
Batty Posted July 25, 2019 Author Share Posted July 25, 2019 5 hours ago, Tracyb said: I think it depends on whether or not your USA card charges international transaction fees were you to use it in the UK. If your USA bank does NOT charge those fees....then get your GBP in the UK using US dollars on deposit in the USA. When doing so, if the ATM in the UK allows you to proceed without using their conversion rate, do so. You’ll probably find that your USA bank system will provide a better exchange rate. If you convert your THB to GBP here... you’ll be losing value on those funds for the second time. If you’re planning to come back to Thailand, save the THB for your use when you return. Thats my two cents! Thanks Tracyb. Yes the US bank charges $5 PLUS whatever the UK bank ATM charges, if anything. I live in Thailand, just going back to the UK for a couple weeks. So I guess the best thing to do is just use the ATM in UK as little as possible, see if I can take out a couple of thousand Dollars somewhere maybe and use that while I am there? Link to comment Share on other sites More sharing options...
JamJar Posted July 25, 2019 Share Posted July 25, 2019 4 hours ago, Batty said: Thanks Tracyb. Yes the US bank charges $5 PLUS whatever the UK bank ATM charges, if anything. I live in Thailand, just going back to the UK for a couple weeks. So I guess the best thing to do is just use the ATM in UK as little as possible, see if I can take out a couple of thousand Dollars somewhere maybe and use that while I am there? UK bank ATMs don't charge. Likely your US bank also shaves something off the exchange rate in addition to the US$5 charge. There may also be a limit to the amount that you can withdraw from a UK ATM, regardless of your card's limit; £500 I think. Time to you to get some better plastic; https://transferwise.com/gb/borderless/#borderless-explainer-video Link to comment Share on other sites More sharing options...
sunnyboy2018 Posted July 25, 2019 Share Posted July 25, 2019 On 7/24/2019 at 5:30 AM, Naam said: worst idea! would a thai card work in uk. UK pin number are four but Thailand 6 mumbers Link to comment Share on other sites More sharing options...
KittenKong Posted July 26, 2019 Share Posted July 26, 2019 9 hours ago, Batty said: Yes the US bank charges $5 PLUS whatever the UK bank ATM charges, if anything. So I guess the best thing to do is just use the ATM in UK as little as possible, see if I can take out a couple of thousand Dollars somewhere maybe and use that while I am there? In the UK you can use cards for just about everything. So you should hardly need any cash at all. If your bank charges some sort of exchange fee then you will lose out on that, but you wont be paying the USD5 ATM fee at least. Many people with US cards dont seem to be charged any exchange fee by their bank at all, and all my UK cards dont charge such exchange fees either. Link to comment Share on other sites More sharing options...
Fairynuff Posted July 26, 2019 Share Posted July 26, 2019 Cheapest possible option is buy GBP in Thailand. Link to comment Share on other sites More sharing options...
Orac Posted July 26, 2019 Share Posted July 26, 2019 If changing THB to GBP in Thailand make sure they do not give it all in gbp.50 notes as these can be hard to change in the UK. 1 Link to comment Share on other sites More sharing options...
peterpop Posted July 26, 2019 Share Posted July 26, 2019 If you have a friend in UK, borrow money as required for your holiday and then repay him using Transferwise. Saves a lot of money and you only borrow what you need. 1 Link to comment Share on other sites More sharing options...
wgdanson Posted July 26, 2019 Share Posted July 26, 2019 8 hours ago, JamJar said: UK bank ATMs don't charge. Likely your US bank also shaves something off the exchange rate in addition to the US$5 charge. There may also be a limit to the amount that you can withdraw from a UK ATM, regardless of your card's limit; £500 I think. Time to you to get some better plastic; https://transferwise.com/gb/borderless/#borderless-explainer-video The Revolut card is a similar sort of thing. Link to comment Share on other sites More sharing options...
JamJar Posted July 26, 2019 Share Posted July 26, 2019 46 minutes ago, wgdanson said: The Revolut card is a similar sort of thing. Doesn't sound as if he has a UK bank account. 1 Link to comment Share on other sites More sharing options...
Naam Posted July 26, 2019 Share Posted July 26, 2019 10 hours ago, sunnyboy2018 said: would a thai card work in uk. UK pin number are four but Thailand 6 mumbers there are no country specific PIN numbers, only card specific ones. Thai debit cards work worldwide but you have to inform your bank in advance. Link to comment Share on other sites More sharing options...
DJ54 Posted July 26, 2019 Share Posted July 26, 2019 Or tell the ones your visiting to take care of you.... Realtives come visit us free room and board all you can drink and 3,000 baht for the trip home. True and the last bit puts me close or over the edge,,.. I say it but it’s never heard .. wifey ...tell them not to come next time. Link to comment Share on other sites More sharing options...
sunnyboy2018 Posted July 26, 2019 Share Posted July 26, 2019 9 hours ago, Orac said: If changing THB to GBP in Thailand make sure they do not give it all in gbp.50 notes as these can be hard to change in the UK. At a bank? Link to comment Share on other sites More sharing options...
sunnyboy2018 Posted July 26, 2019 Share Posted July 26, 2019 4 hours ago, Naam said: there are no country specific PIN numbers, only card specific ones. Thai debit cards work worldwide but you have to inform your bank in advance. My thai bank card has a 6 pin number. UK ATMs only present a 4 number field. Link to comment Share on other sites More sharing options...
Naam Posted July 26, 2019 Share Posted July 26, 2019 27 minutes ago, sunnyboy2018 said: My thai bank card has a 6 pin number. UK ATMs only present a 4 number field. must be because of Brexit. Link to comment Share on other sites More sharing options...
Orac Posted July 26, 2019 Share Posted July 26, 2019 At a bank?HSBC wouldn’t let me do it a few weeks back as they said it would need to be paid into an account. Put it in to a relatives account in the end who drew it straight back out for me.Sent from my iPad using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
Advocate Posted July 26, 2019 Share Posted July 26, 2019 Thai banks give better exchange rates than Australian, UK and US banks. Change some cash to GBP at Thai airport and use Thai debit card in UK ATMs. Leftover GBP should be changed back to THB in Thailand, not the UK. Don't bring back UK coins. Link to comment Share on other sites More sharing options...
sunnyboy2018 Posted July 26, 2019 Share Posted July 26, 2019 4 hours ago, Advocate said: Thai banks give better exchange rates than Australian, UK and US banks. Change some cash to GBP at Thai airport and use Thai debit card in UK ATMs. Leftover GBP should be changed back to THB in Thailand, not the UK. Don't bring back UK coins. Thai debit cards have 6 numbers but UK ATMs only offer a 4 digit field. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now