4evermaat Posted August 14, 2017 Share Posted August 14, 2017 Not sure how Rawai is. A friend moved there several years ago. Might be too far away from the action. Surprised physical currency exchage can be so profitible, unless you are doing large volumes. Do you suppliment with digital currencies also? Link to comment Share on other sites More sharing options...
Jimi007 Posted August 14, 2017 Share Posted August 14, 2017 1 hour ago, 4evermaat said: Not sure how Rawai is. A friend moved there several years ago. Might be too far away from the action. Surprised physical currency exchage can be so profitible, unless you are doing large volumes. Do you suppliment with digital currencies also? There are several here in Rawai. Link to comment Share on other sites More sharing options...
Xaos Posted August 14, 2017 Author Share Posted August 14, 2017 Wouldnt a smaller island that doesnt have official currency exchanges be better? No where to sell. Sent from my SM-G955F using Tapatalk Link to comment Share on other sites More sharing options...
Xaos Posted August 14, 2017 Author Share Posted August 14, 2017 Not sure how Rawai is. A friend moved there several years ago. Might be too far away from the action. Surprised physical currency exchage can be so profitible, unless you are doing large volumes. Do you suppliment with digital currencies also? Thats why need good spotSent from my SM-G955F using Tapatalk Link to comment Share on other sites More sharing options...
Mooner Posted August 15, 2017 Share Posted August 15, 2017 21 hours ago, Xaos said: No where to sell. Sent from my SM-G955F using Tapatalk Nowhere to sell? What do you mean. Link to comment Share on other sites More sharing options...
Xaos Posted August 16, 2017 Author Share Posted August 16, 2017 Nowhere to sell? What do you mean. U need place to sell ur currencies. And u need good wholesale rates. Small islands dont have banks.Sent from my SM-G955F using Tapatalk Link to comment Share on other sites More sharing options...
Mooner Posted August 16, 2017 Share Posted August 16, 2017 1 hour ago, Xaos said: U need place to sell ur currencies. And u need good wholesale rates. Small islands dont have banks. Sent from my SM-G955F using Tapatalk So buy on the mainland and sell on the island. Link to comment Share on other sites More sharing options...
Xaos Posted August 16, 2017 Author Share Posted August 16, 2017 Im in patong. Exchange next to exchange. Rates bit lower then in pattaya. Other beaches not that many.Sent from my SM-G955F using Tapatalk Link to comment Share on other sites More sharing options...
stevenl Posted August 17, 2017 Share Posted August 17, 2017 7 hours ago, Xaos said: Im in patong. Exchange next to exchange. Rates bit lower then in pattaya. Other beaches not that many. Sent from my SM-G955F using Tapatalk So open another one in Kata. Link to comment Share on other sites More sharing options...
inThailand Posted August 17, 2017 Share Posted August 17, 2017 In theory, having a currency exchange booth looks good on paper, but the reality is getting staff that won't steal your money and with a pathetic police force and justice system, you have as much chance to get your money back as winning the lottery. Link to comment Share on other sites More sharing options...
Xaos Posted August 29, 2017 Author Share Posted August 29, 2017 Patong is much more packed niw then pattaya. More pplSent from my SM-G955F using Tapatalk Link to comment Share on other sites More sharing options...
NamKangMan Posted August 30, 2017 Share Posted August 30, 2017 On 8/29/2017 at 1:49 PM, Xaos said: Patong is much more packed niw then pattaya. More ppl Sent from my SM-G955F using Tapatalk Are you really comparing a whole "city" to one "town" on an island???? Link to comment Share on other sites More sharing options...
Xaos Posted August 30, 2017 Author Share Posted August 30, 2017 Sort ofSent from my SM-G955F using Tapatalk Link to comment Share on other sites More sharing options...
madmax2 Posted August 31, 2017 Share Posted August 31, 2017 There seems to be more money changing booths than massage shops in Patong Link to comment Share on other sites More sharing options...
csabo Posted September 3, 2017 Share Posted September 3, 2017 On 8/13/2017 at 11:50 AM, csabo said: Start a mobile pet groomer truck and forget about money exchange. You laugh. To my knowledge there is only one of these in all of Bangkok and every time I go for pet supplies there's a line of canines waiting for hairdo's. Link to comment Share on other sites More sharing options...
csabo Posted September 3, 2017 Share Posted September 3, 2017 On 8/17/2017 at 7:43 AM, inThailand said: In theory, having a currency exchange booth looks good on paper, but the reality is getting staff that won't steal your money and with a pathetic police force and justice system, you have as much chance to get your money back as winning the lottery. Staff stealing (no matter the country) should be any shop owners main concern. I notice in Supercheap on Phuket there are no cameras in the general merchandise area but a ton of them on the cashiers. Cameras facing the register drawers and cameras right a above the scales as well. They are all web cams and the message to staff is not subtle by any means. Employees will steal anything and everything and justify it as normal. My wife had an employee who kept stealing the her LUNCH!! The employee never bought food but constantly talked about how hungry she was and the second the boss was away she snapped up everything in the fridge. One day she complained about an egg she found in the fridge and ate. She said "This tastes like it's a year old". It was. Link to comment Share on other sites More sharing options...
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