Best Way To Bring Money For A Vacation

[OlRedEyes]

Barter trade is being revived here, so if you come over in a F16 F18 whatever, or bring some cotton, oil or pickles you will probably getter a better exchange rate.

Do you like chicken and rice?

[marshbags]

I see mentioned in this thread that they charge a rate of 3% and that $100 travelers checks get the best rate, but I don't recall the rate above the standard exchange rate being that much...more like 1% if I recall, but I didn't really pay close attention.  And I didn't see any mention of the denomination of travelers checks.  I did see a different rate for smaller denominations of currency, but not for travelers checks.  I'm planning on bringing in $1000 denomination checks.  Will this be good?

<{POST_SNAPBACK}>

In Bangkok I've been able to cash TCs for 30 baht each at the bank (SCB), but in more remote places like Koh Tao they charged 3%. I am not 100 percent sure that $100 TCs get a better exchange rate like bank notes do.

I've never heard of a $1000 denomination TC, however it doesn't sound like a good idea unless you're planning on buying yourself a motorbike instead of renting...

<{POST_SNAPBACK}>

I always bring a fair amount of travellers cheques in 200 pound sterling ( i guess 100 dollar if you cannot get sterling. ) higher denominations aren,t usually neccesary.

As a couple of posts point out the main reason being security and being able to

get replacements if they are lost/stolen.

I also have some cash to back it up but not to much as you can cash them anywhere normally.

If you need a certain amount for a trip /excursion you can easily cash a cheque for the amount you need.

In 13 years i have never had nor trusted a credit/ATM card and managed very well and leave them in the u.k.

Keep the receipt you get with your cheques in a safe place separate from the

actual t.cheques, don,t forget this point please.

I usually write the info down in code and a record of ones already used as well. and separate from my passport.

Also a bank or bank exchange unit will always give you a set exchange rate as recommended for that day, without extra charges above the standard rates.

I pay 30 baht fee and 3 baht stamp duty per 200 pounds cheque.

Remember this charge is for each cheque no matter how much it is worth so it,s important to get higher denominations.

marshbags

[marshbags]

One further bit of advice for new users of T.C,s only sign it in front of the cashier when you go to the bank ect.

I replied for the benefit of all newbies regarding my personal experience only

DON,T send anyone to cash them for you either or flash them about.

Nice one Red eyes

marshbags