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currency exchange limit at airport


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2 hours ago, jeab1980 said:

Do it before you go to airport better rate. 

Absolutely.

Not only that the exchange rates at the booths within the airport premises are terrible, but also: why have stress/uncertainty on the day of departure when this task that can be done a day or two before?

 

Where do you stay?

 

What magnitude of Euros are you thinking of?

1000 Euro

5000 Euro

10000 Euro

more?

 

I couldn't find exact rules for cash exchange just some casual comment that 5000 Euro wouldn't raise an eyebrow.

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39 minutes ago, Bob2017 said:

It would be about 5000. I'm told that the bank booths are not too bad? I wouldn't mind losing a few hundred baht in the process,  this is a one off operation.

I would need to check again, but my guess would be for every 1,000 euro you would lose 1,000 baht. So change all, probably 5,000 baht lost. This is at the bank booths.The spreads in the airport are that horrible.

 

Exercise caution :)

 

Edited by lkv
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15 minutes ago, Cirencester said:

ok I will take the bait.....??  Change money where....??

In Bangkok SuperRich (Ratchadamri branch - the ones in the BTS stations and the others are lower), or Vasu Exchange Nana BTS.

 

Vasu Exchange is normally 0.05 baht lower than SuperRich Ratchadamri.

 

Example: today Kasikorn (in town) would give 37.87 for 1 Euro.

 

Vasu Exchange 38.50

SuperRich Ratchadamri 38.55

 

5K euro

@ Kbank in town = 189,350 baht

@ Vasu = 192,500 baht

@SuperRich Ratchadamri = 192,750 baht

 

I dont know the exact airport rate but it would be way lower than 37.87, which is the in town rate for Kasikorn......maybe 37 or so. So do the math.

 

OP would lose more than 5,000 baht actually should he change in the airport as opposed to say a good money changer in town.

 

 

Edited by lkv
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1 hour ago, lkv said:

I dont know the exact airport rate but it would be way lower than 37.87, which is the in town rate for Kasikorn......maybe 37 or so. So do the math.

I did some observation/math over the years and you loose another 4 to 7 percent at the airport for major currencies.

For 5000 Euro I would at least look for a proper booth/bank in your area (not worth an hour long trip but a stroll).

Kasikorn and SCB are the worst among the biggest banks.

 

 

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16 minutes ago, KhunBENQ said:

I did some observation/math over the years and you loose another 4 to 7 percent at the airport for major currencies.

For 5000 Euro I would at least look for a proper booth/bank in your area (not worth an hour long trip but a stroll).

Kasikorn and SCB are the worst among the biggest banks.

 

 

Yeah but even for 5K euro, the difference between a booth/bank and the ones I mentioned above is 3,400 baht.

 

I prefer jumping into the BTS for that amount, but everyone's different. :)

 

 

Edited by lkv
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2 hours ago, lkv said:

In Bangkok SuperRich (Ratchadamri branch - the ones in the BTS stations and the others are lower), or Vasu Exchange Nana BTS.

 

Vasu Exchange is normally 0.05 baht lower than SuperRich Ratchadamri.

 

Example: today Kasikorn (in town) would give 37.87 for 1 Euro.

 

Vasu Exchange 38.50

SuperRich Ratchadamri 38.55

 

5K euro

@ Kbank in town = 189,350 baht

@ Vasu = 192,500 baht

@SuperRich Ratchadamri = 192,750 baht

 

I dont know the exact airport rate but it would be way lower than 37.87, which is the in town rate for Kasikorn......maybe 37 or so. So do the math.

 

OP would lose more than 5,000 baht actually should he change in the airport as opposed to say a good money changer in town.

 

 

lol lol lol lol

 

I meant what on earth airport OP was referring to !!

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3 minutes ago, Cirencester said:

lol lol lol lol

 

I meant what on earth airport OP was referring to !!

Sorry I thought you were asking me lol.

 

The airport the OP was talking about was Subaanabdegerbdny International Airport. :)

Edited by lkv
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