ferguston Posted November 21, 2012 Share Posted November 21, 2012 A friend will be arriving in LOS and staying in Pattaya. He intends bringing English £50 notes with him. The older pre-2011 notes with Sir John Houblon on the reverse side. Have any members experienced difficulties exchanging such notes in Pattaya especially at the independent money changers? NOTE to Moderator - I've placed a similar thread in the Money/Banking forum but I felt this may be also relevant in the Pattaya forum Link to comment Share on other sites More sharing options...
Spalpeen Posted November 21, 2012 Share Posted November 21, 2012 Assuming that they're real 50 pound notes, I can't see that there would be any problem. Every nationality and currency in the world passes through Pattaya. Link to comment Share on other sites More sharing options...
Pormax Posted November 21, 2012 Share Posted November 21, 2012 He should be ok but saying that it is my experience that generally the money changers here do not like taking high value foriegn notes because they could be forgeries. May have to try a few before he is lucky. Link to comment Share on other sites More sharing options...
Pdavies99 Posted November 21, 2012 Share Posted November 21, 2012 Older currency versions will not be generally accepted. The Houblon £50 note is valid In Uk, but most currency exchangers do not have the validation checks for old notes and the fact that they can and will eventually be withdrawn with only 3 months notice by Bank of England. Link to comment Share on other sites More sharing options...
Woody1 Posted November 21, 2012 Share Posted November 21, 2012 OP, if you already have reservations regarding exchanging the pre-2011 50 pound notes in Pattaya, why don't you just tell your friend to exchange them for the newer version before leaving for LOS? Or why hasn't he thought of that? Rather curious...... Assuming the notes are genuine, I don't see a problem exchanging them at Bank Gold, Soi Rungland, just off Pattaya Tai and just east of 3rd Rd. They also tend to give a slightly better exchange rate than the more, "tourist" exchange booths towards the beach / central Pattaya. Link to comment Share on other sites More sharing options...
topt Posted November 21, 2012 Share Posted November 21, 2012 OP, if you already have reservations regarding exchanging the pre-2011 50 pound notes in Pattaya, why don't you just tell your friend to exchange them for the newer version before leaving for LOS? Or why hasn't he thought of that? Rather curious...... Assuming the notes are genuine, I don't see a problem exchanging them at Bank Gold, Soi Rungland, just off Pattaya Tai and just east of 3rd Rd. They also tend to give a slightly better exchange rate than the more, "tourist" exchange booths towards the beach / central Pattaya. Agree with the first point and as mentioned in the other thread almost certain they will be rejected after my experience with some $100 bills on two separate occasions. As to the actual exchange I would not use any bank in preference to one of the specialists who give a better rate - EG TT Exchange (shop fascias have a yellow band with TT Exchange in black on it) or if he is going to be in BKK first then Superich. Do a search to find many threads on this. Link to comment Share on other sites More sharing options...
Woody1 Posted November 21, 2012 Share Posted November 21, 2012 OP, if you already have reservations regarding exchanging the pre-2011 50 pound notes in Pattaya, why don't you just tell your friend to exchange them for the newer version before leaving for LOS? Or why hasn't he thought of that? Rather curious...... Assuming the notes are genuine, I don't see a problem exchanging them at Bank Gold, Soi Rungland, just off Pattaya Tai and just east of 3rd Rd. They also tend to give a slightly better exchange rate than the more, "tourist" exchange booths towards the beach / central Pattaya. Agree with the first point and as mentioned in the other thread almost certain they will be rejected after my experience with some $100 bills on two separate occasions. As to the actual exchange I would not use any bank in preference to one of the specialists who give a better rate - EG TT Exchange (shop fascias have a yellow band with TT Exchange in black on it) or if he is going to be in BKK first then Superich. Do a search to find many threads on this. Topt, I've used Bank Gold to exchange numerous currencys after returning from overseas holidays and work assignments. I can assure you they are specialists in exchanging money, not a typical bank. Link to comment Share on other sites More sharing options...
somtampet Posted November 21, 2012 Share Posted November 21, 2012 OP, if you already have reservations regarding exchanging the pre-2011 50 pound notes in Pattaya, why don't you just tell your friend to exchange them for the newer version before leaving for LOS? Or why hasn't he thought of that? Rather curious...... Assuming the notes are genuine, I don't see a problem exchanging them at Bank Gold, Soi Rungland, just off Pattaya Tai and just east of 3rd Rd. They also tend to give a slightly better exchange rate than the more, "tourist" exchange booths towards the beach / central Pattaya. 10% correct mate, no problems there,as i have old and new 50 gbp notes Link to comment Share on other sites More sharing options...
topt Posted November 21, 2012 Share Posted November 21, 2012 OP, if you already have reservations regarding exchanging the pre-2011 50 pound notes in Pattaya, why don't you just tell your friend to exchange them for the newer version before leaving for LOS? Or why hasn't he thought of that? Rather curious...... Assuming the notes are genuine, I don't see a problem exchanging them at Bank Gold, Soi Rungland, just off Pattaya Tai and just east of 3rd Rd. They also tend to give a slightly better exchange rate than the more, "tourist" exchange booths towards the beach / central Pattaya. Agree with the first point and as mentioned in the other thread almost certain they will be rejected after my experience with some $100 bills on two separate occasions. As to the actual exchange I would not use any bank in preference to one of the specialists who give a better rate - EG TT Exchange (shop fascias have a yellow band with TT Exchange in black on it) or if he is going to be in BKK first then Superich. Do a search to find many threads on this. Topt, I've used Bank Gold to exchange numerous currencys after returning from overseas holidays and work assignments. I can assure you they are specialists in exchanging money, not a typical bank. They may be an exception and to be fair I have never looked at their rates. Would be interesting to compare their current £ rate to say the TT Exchange shop rate at the same time to get a comparison. If I remember I will have to look at it next time I am there. Link to comment Share on other sites More sharing options...
Woody1 Posted November 21, 2012 Share Posted November 21, 2012 OP, if you already have reservations regarding exchanging the pre-2011 50 pound notes in Pattaya, why don't you just tell your friend to exchange them for the newer version before leaving for LOS? Or why hasn't he thought of that? Rather curious...... Assuming the notes are genuine, I don't see a problem exchanging them at Bank Gold, Soi Rungland, just off Pattaya Tai and just east of 3rd Rd. They also tend to give a slightly better exchange rate than the more, "tourist" exchange booths towards the beach / central Pattaya. 10% correct mate, no problems there,as i have old and new 50 gbp notes Do you mean, "100%"? Link to comment Share on other sites More sharing options...
Postmaster Posted November 21, 2012 Share Posted November 21, 2012 Pormax. I don't think you are right there. My Exchange guy in Pattaya Tai (just before Wat Chai) has has me specifically to bring him GBP £50 notes Sterling. He gives a good rate : equally as good at TT Exchange Shops. It is the small notes they abhore GBP Fivers and Tenners. Link to comment Share on other sites More sharing options...
Mobi Posted November 21, 2012 Share Posted November 21, 2012 If the guy obtained his money from a kosher legal source, I would strongly recommend that he goes to a bank and changes the whole lot for crisp new 20 pound notes and he will never have any trouble exchanging them almost anywhere in Thailand. If necessary, he can give the bank advance notice to order them in for him. I really fail to see why he wants to bring old notes to Thailand - unless I have missed the answer somewhere in this thread 1 Link to comment Share on other sites More sharing options...
jbrain Posted November 21, 2012 Share Posted November 21, 2012 Why he has all older notes? Make sure there is no earth sticking to them anymore Link to comment Share on other sites More sharing options...
Pdavies99 Posted November 21, 2012 Share Posted November 21, 2012 (edited) Bank Gold will not accept them, they have a sign up saying so, sorry. I had a few and eventually found the exchange at the front of Viila Supermarket would take them. OP, if you already have reservations regarding exchanging the pre-2011 50 pound notes in Pattaya, why don't you just tell your friend to exchange them for the newer version before leaving for LOS? Or why hasn't he thought of that? Rather curious...... Assuming the notes are genuine, I don't see a problem exchanging them at Bank Gold, Soi Rungland, just off Pattaya Tai and just east of 3rd Rd. They also tend to give a slightly better exchange rate than the more, "tourist" exchange booths towards the beach / central Pattaya. Edited November 21, 2012 by Pdavies99 Link to comment Share on other sites More sharing options...
Pormax Posted November 21, 2012 Share Posted November 21, 2012 Pormax. I don't think you are right there. My Exchange guy in Pattaya Tai (just before Wat Chai) has has me specifically to bring him GBP £50 notes Sterling. He gives a good rate : equally as good at TT Exchange Shops. It is the small notes they abhore GBP Fivers and Tenners. Well that gives the guy some hope. When I came to live in Thailand I didn't bring Fifty Pound notes as I previously lived in Cyprus. On a trip before my last I bought over a substantial amount of Euros in 500 Euro notes and though I did in the end get an exchange place to take them I had been turned down by others and the reason they gave for this is that they were wary of forgeries. The last time I only bought over 100 Euro notes and not a problem. Link to comment Share on other sites More sharing options...
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