1000 Baht Note

[cheynewalk]

A minor query for my first post. I notice that there are two different 1000 baht notes in circulation. The ones without the metallic strip on the side seem far less common (and have a different signature on the front). Are they old ones being phased out? Because I still get the occasional brand new one in my atm transactions

[BigSnake]

A minor query for my first post. I notice that there are two different 1000 baht notes in circulation. The ones without the metallic strip on the side seem far less common (and have a different signature on the front). Are they old ones being phased out? Because I still get the occasional brand new one in my atm transactions

Don't know, don't care(old new whatever just spend the thing) however if you have any you want to give away I know there will be many taker

[game4shame]

A minor query for my first post. I notice that there are two different 1000 baht notes in circulation. The ones without the metallic strip on the side seem far less common (and have a different signature on the front). Are they old ones being phased out? Because I still get the occasional brand new one in my atm transactions

ask a hooker - 1000 baht notes are their specialist subjects.

[Kan Win]

A minor query for my first post. I notice that there are two different 1000 baht notes in circulation. The ones without the metallic strip on the side seem far less common (and have a different signature on the front). Are they old ones being phased out? YES Because I still get the occasional brand new one in my atm transactions

If it is without the "metallic strip" and brand new, please check the watermark on it, could be a fake !

Yours truly,

Kan Win

P.S. Good first post BTW "cheynewalk" and welcome to

[pampal]

When will they make a 5000 baht note?

[Gravelrash]

When will they make a 5000 baht note?

Probably if they ever have Zimbabwe type inflation.

[JetsetBkk]

When will they make a 5000 baht note?

Good question. The girl at the bank put a wad of notes through the counting machine today: 50, 49, 51, 48, 47, 51, 50....

After trying to get the edges straight for about five minutes she then decided to count them by hand. Well done, girl!

A few months ago I saw a guy with about 250,000 baht counted out for him and put in a brown envelope. Took bl00dy ages and I was next in the queue.

So what's wrong with a 5,000 or 10,000 baht note? (Apart from the look you'd get at a 7/11 after buying a Snickers bar and handing one over ).

Lots of pictures of Thai bank notes at bot.or.th : http://www.bot.or.th/bothomepage/BankAtWor.../NoteindexE.htm

I've got one of these:

- a 10 baht note

[jingjoe]

I have some of these

[Lite Beer]

When will they make a 5000 baht note?

Good question. The girl at the bank put a wad of notes through the counting machine today: 50, 49, 51, 48, 47, 51, 50....

After trying to get the edges straight for about five minutes she then decided to count them by hand. Well done, girl!

A few months ago I saw a guy with about 250,000 baht counted out for him and put in a brown envelope. Took bl00dy ages and I was next in the queue.

So what's wrong with a 5,000 or 10,000 baht note? (Apart from the look you'd get at a 7/11 after buying a Snickers bar and handing one over ).

Lots of pictures of Thai bank notes at bot.or.th : http://www.bot.or.th/bothomepage/BankAtWor.../NoteindexE.htm

I've got one of these:

- a 10 baht note

Thats a great link Jet.

50 Satang Note . Amazing.

[dave111223]

I wonder how much a 50 Satang note is worth, any collectors value?

[adjan jb]

A minor query for my first post. I notice that there are two different 1000 baht notes in circulation. The ones without the metallic strip on the side seem far less common (and have a different signature on the front). Are they old ones being phased out? Because I still get the occasional brand new one in my atm transactions

I don't know. I've never seen a 1000 baht note

[MeaMaximaCulpa]

When will they make a 5000 baht note?

So what's wrong with a 5,000 or 10,000 baht note? (Apart from the look you'd get at a 7/11 after buying a Snickers bar and handing one over ).

I guess nothing wrong per se, and it would benefit honest people needing to deal in cash. In Norway the biggest note is NOK 1,000 (THB 6,000, in PPP terms NOK 1,000 probably buys about the same in Norway as THB 1,000 buys in Thailand), and they are talking about GETTING RID OF IT, not making a NOK 2,000 or 5,000 note. Simple reason is that cash is not traceable, and is today mainly used by criminals for big transactions. Honest people tend to use the very advanced and efficiant banking system via internet, so physical bank branches are dwindling. Today, even vending machines and suchlike can use a swipeless card, a mobile phone or similar, so very little cash is used, even for trivial transactions.

[Naam]

Honest people tend to use the very advanced and efficiant banking system via internet, so physical bank branches are dwindling. Today, even vending machines and suchlike can use a swipeless card, a mobile phone or similar, so very little cash is used, even for trivial transactions.

Thailand is not Norway!

[TheDon]

a 5000 note would be good, but sometimes i get a funnly look buying a 100 baht shirt with a 1000 baht note, imagine a 5000 baht note?

[TheDon]

Actually a 2000 baht note would be great.

[peter991]

Thanks for the link, JetSetBKK. The 50 satang, 5 and 10 baht notes - are they still used in Thailand?

Or they as common as the 2 baht coins?

Peter

[Thaddeus]

Or they as common as the 2 baht coins?

Peter

I got a 2 Baht coin in some change the other day, someone has written a nice big '2' on it in blue felt tip pen as it is practically indistinguishable from a one Baht coin.

[soundman]

There are 60B & other denomination notes in Thailand. They have mainly been released as promotional issues commerating something like HM's birthday.

While usually only seen in framed collectors packs, they are, however, legal tender.

Soundman.

[PadThaiGuy]

Thanks for the link, JetSetBKK. The 50 satang, 5 and 10 baht notes - are they still used in Thailand?

Or they as common as the 2 baht coins?

Peter

Seldom see a 10thb note. I think they stopped printing them about the time the 1,000thb notes came out.

[Somtham]

There are 60B & other denomination notes in Thailand. They have mainly been released as promotional issues commerating something like HM's birthday.

While usually only seen in framed collectors packs, they are, however, legal tender.

Soundman.

I would love to buy some B60 notes if anybody has some for sale.

rgds

[soundman]

There are 60B & other denomination notes in Thailand. They have mainly been released as promotional issues commerating something like HM's birthday.

While usually only seen in framed collectors packs, they are, however, legal tender.

Soundman.

I would love to buy some B60 notes if anybody has some for sale.

rgds

Doubt you'll pay 60B for them!

[kmart]

When will they make a 5000 baht note?

Probably if they ever have Zimbabwe type inflation.

Covered.

Edited April 5, 2008 by kmart

[peter991]

I have seen a few of these ...

ThaiVisa toilet

ThaiVisa party room

How many baht do I get for this?

Peter

[Kerryd]

You'll not likely see a 5,000 or 10,000 baht note any time soon (i.e. not in the next 10-20 years, or more).

The prime reason is similar to why you don't see anything over $100 in the US/Canada. To make it harder for criminals (drug dealers primarily, but terrorists and others as well) to do business.

Think about it a bit. A relatively small transaction (say 5 million baht) would currently require (5,000) thousand baht bills. At 100 bills per packet (which is what the bank gave me today, and no, I didn't take out 5 million !), that's 50 thick packets of bills to lug around. 10,000 baht notes would make it only 5 packets, much easier to hide.

Many banks (in the Western world) require reporting of any transaction over $10,000, for the same reason. To make it harder for criminals to conduct business (and probably to catch people that are trying to cheat on their taxes). So any major criminals wanting to do business can't (easily) wire the money needed (too easy to trace these days). No large bills makes it harder to move the cash. Harder to "launder" the illicit gains as well (though casinos seem to do a pretty good job of it)

Not to mention the problems it would cause for the locals. There would be plenty of people trying to buy 10 baht items to get change for their shiny 10,000 baht bills. Lots of people trying to impress others by waving wads of 10,000 baht notes (making themselves juicy targets in the process). Waving 10, thousand baht notes in the air is one thing, waving 10, ten thousand baht notes (essentially the same size) might be a little too tempting for some of our "finer" citizens.

[soundman]

Many banks (in the Western world) require reporting of any transaction over $10,000, for the same reason. To make it harder for criminals to conduct business (and probably to catch people that are trying to cheat on their taxes). So any major criminals wanting to do business can't (easily) wire the money needed (too easy to trace these days). No large bills makes it harder to move the cash. Harder to "launder" the illicit gains as well (though casinos seem to do a pretty good job of it)

Thailand has the same reporting requirements.

Anything over a certain amount (1mil Baht I believe) & any "suspicious" transaction. Apparently the banks are reasonably on the ball with these reporting requirements.

Soundman.

[soundman]

60 Baht banknote.

[rgs2001uk]

There are 60B & other denomination notes in Thailand. They have mainly been released as promotional issues commerating something like HM's birthday.

While usually only seen in framed collectors packs, they are, however, legal tender.

Soundman.

I would love to buy some B60 notes if anybody has some for sale.

rgds

somtham. i have seen plenty for sale in chatuchak market, usually laminated, as well as various other denominations and some interesting coins.

[dr_Pat_Pong]

Honest people tend to use the very advanced and efficiant banking system via internet, so physical bank branches are dwindling. Today, even vending machines and suchlike can use a swipeless card, a mobile phone or similar, so very little cash is used, even for trivial transactions.

Thailand is not Norway!

Thank God.

[Somtham]

somtham. i have seen plenty for sale in chatuchak market, usually laminated, as well as various other denominations and some interesting coins.

Thanks. Next time we're in BKK on the weekend I'll have a look. Do you know how much they were selling for?

rgds

[advice]

Many banks (in the Western world) require reporting of any transaction over $10,000, for the same reason. To make it harder for criminals to conduct business (and probably to catch people that are trying to cheat on their taxes). So any major criminals wanting to do business can't (easily) wire the money needed (too easy to trace these days). No large bills makes it harder to move the cash. Harder to "launder" the illicit gains as well (though casinos seem to do a pretty good job of it)

Thailand has the same reporting requirements.

Anything over a certain amount (1mil Baht I believe) & any "suspicious" transaction. Apparently the banks are reasonably on the ball with these reporting requirements.

Soundman.

I was also told by my bank manager to keep any transactions at about 900k or under at one time. He then went on to say it is a government policy, to report anything over that to the Government for a deep look into it.

So thats what i do.