Buying pound sterling in Pattaya.

[kwilco]

Where can I buy pound sterling in Pattaya using Thai baht?

[CharlieH]

PATTAYA FORUM - MOVED

[scubascuba3]

The yellow TT booths

[kwilco]

46 minutes ago, scubascuba3 said:

The yellow TT booths

Thanks, any idea what "TT" stands for?

[scubascuba3]

Maybe Telegraphic Transfer 

[Pattaya57]

52 minutes ago, kwilco said:

Thanks, any idea what "TT" stands for?

It may not stand for anything, just their name? It's a privately owned business so might even just be the owners initials?

 

[chiang mai]

TT is internationally known as Telegraphic Transfer.

 

The money exchange booths are unlikely to have much foreign currency on hand, like the bank branches, they need to order it, based on the amount involved. Banks and exchange companies don't like to hold foreign currency because of the exchange rate risk over time.

[Guderian]

Bank Gold on Soi Rungland.

[kwilco]

7 hours ago, chiang mai said:

TT is internationally known as Telegraphic Transfer.

 

The money exchange booths are unlikely to have much foreign currency on hand, like the bank branches, they need to order it, based on the amount involved. Banks and exchange companies don't like to hold foreign currency because of the exchange rate risk over time.

Good point

[kwilco]

7 hours ago, chiang mai said:

TT is internationally known as Telegraphic Transfer.

 

The money exchange booths are unlikely to have much foreign currency on hand, like the bank branches, they need to order it, based on the amount involved. Banks and exchange companies don't like to hold foreign currency because of the exchange rate risk over time.

Good point

[kwilco]

Thanks everyone!

Looks like I'm gonna have run around a bit 

[Briggsy]

@kwilco Trust me, you will not have a problem unless wishing to change very large amounts.

 

If so, head to Super Rich in Bangkok.

[London Lowf]

Any busy ForEx booth in a tourist area will be able to do this, and the spread GBP>THB to THB>GBP is very narrow in my experience.

 

Every booth that I've seen displays the exchange rate both ways.

[champers]

9 hours ago, chiang mai said:

TT is internationally known as Telegraphic Transfer.

 

The money exchange booths are unlikely to have much foreign currency on hand, like the bank branches, they need to order it, based on the amount involved. Banks and exchange companies don't like to hold foreign currency because of the exchange rate risk over time.

TT have a couple of large branches who can. One is on 2nd Rd, the other on Pattaya/Naklua Rd.