Bangkok - Best place to change US cash to baht?
#1
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Bangkok - Best place to change US cash to baht?
Hi all,
I need to change around US$3000-4000 (cash - in US$100 bills)to Thai baht in the next few days. Given that amount, where can I get the best exchange rate?
Thanks in advance for any and all suggestions -
Michael
I need to change around US$3000-4000 (cash - in US$100 bills)to Thai baht in the next few days. Given that amount, where can I get the best exchange rate?
Thanks in advance for any and all suggestions -
Michael
#2
Join Date: Nov 2004
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Originally Posted by Michael
Hi all,
I need to change around US$3000-4000 (cash - in US$100 bills)to Thai baht in the next few days. Given that amount, where can I get the best exchange rate?
Thanks in advance for any and all suggestions -
Michael
I need to change around US$3000-4000 (cash - in US$100 bills)to Thai baht in the next few days. Given that amount, where can I get the best exchange rate?
Thanks in advance for any and all suggestions -
Michael
Highly recommend them. ^ I've been there and have seen large transactions.
#3
formerly known as 2lovelife
Join Date: Dec 2000
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SUPERRICH near Big C Ratchadamri (World Trade Center)
Best rate by far in town...
Cash only... no TCs
There are several companies with the same name... but everyone knows the right place to go
Best rate by far in town...
Cash only... no TCs
There are several companies with the same name... but everyone knows the right place to go
#4
Join Date: Nov 2004
Location: San Francisco Bay Area
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Originally Posted by seanthepilot
SUPERRICH near Big C Ratchadamri (World Trade Center)
Best rate by far in town...
Cash only... no TCs
There are several companies with the same name... but everyone knows the right place to go
Best rate by far in town...
Cash only... no TCs
There are several companies with the same name... but everyone knows the right place to go
#5
Suspended
Join Date: Feb 2000
Posts: 5,305
Originally Posted by seanthepilot
SUPERRICH near Big C Ratchadamri (World Trade Center)
Best rate by far in town...
Cash only... no TCs
There are several companies with the same name... but everyone knows the right place to go
Best rate by far in town...
Cash only... no TCs
There are several companies with the same name... but everyone knows the right place to go
I can confirm this information too.
#6
Original Poster
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Thanks very much to all for the suggestions. I"ll try to check them both out -- though Vasu is closer to where I am, and I may not have the time to check out Superrich on this trip.
Michael
Michael
#7
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Join Date: Sep 1999
Posts: 12,375
It looked like today's rates (100 dollar bill) were:
Bangkok Bank 37.96
Vasu 38.20
Superrich 38.10
BTW, Vasu is on the corner of Sukhumvit Road and Sukhumvit Soi 7/1, which is different than soi 7.
I'd be interested to hear how the OP got on with his exchange. You often hear about how plentiful counterfeit 100's are in Cambodia (used to pay English teachers), but then I know a few who've never had a problem exchanging them here for baht. Maybe that was just circa 1996 bills?
Bangkok Bank 37.96
Vasu 38.20
Superrich 38.10
BTW, Vasu is on the corner of Sukhumvit Road and Sukhumvit Soi 7/1, which is different than soi 7.
I'd be interested to hear how the OP got on with his exchange. You often hear about how plentiful counterfeit 100's are in Cambodia (used to pay English teachers), but then I know a few who've never had a problem exchanging them here for baht. Maybe that was just circa 1996 bills?
#8
Join Date: Nov 2004
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Originally Posted by transpac
It looked like today's rates (100 dollar bill) were:
Bangkok Bank 37.96
Vasu 38.20
Superrich 38.10
BTW, Vasu is on the corner of Sukhumvit Road and Sukhumvit Soi 7/1, which is different than soi 7.
Bangkok Bank 37.96
Vasu 38.20
Superrich 38.10
BTW, Vasu is on the corner of Sukhumvit Road and Sukhumvit Soi 7/1, which is different than soi 7.
#9
Original Poster
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Originally Posted by transpac
It looked like today's rates (100 dollar bill) were:
Bangkok Bank 37.96
Vasu 38.20
Superrich 38.10
BTW, Vasu is on the corner of Sukhumvit Road and Sukhumvit Soi 7/1, which is different than soi 7.
Bangkok Bank 37.96
Vasu 38.20
Superrich 38.10
BTW, Vasu is on the corner of Sukhumvit Road and Sukhumvit Soi 7/1, which is different than soi 7.
FWIW, I checked the rates for various banks (Siam City Bank, Bank of Ayudhya, Krung Thai, etc.) online, and all were within .01-.02 of each other. However, I happened to wander by a Kasikorn (formerly Thai Farmers) Bank branch, and they were offering 38.01 -- still not as good as Vasu or Superrich, but higher than the other banks.
Originally Posted by transpac
I'd be interested to hear how the OP got on with his exchange. You often hear about how plentiful counterfeit 100's are in Cambodia (used to pay English teachers), but then I know a few who've never had a problem exchanging them here for baht. Maybe that was just circa 1996 bills?
Thanks again to everyone for their advice.
Michael
#10
Join Date: Feb 2006
Location: Macau, Hong Kong, Shanghai
Posts: 648
That Superrich has the best rates is easy to proof. The spread between buying and selling US$ is 15 Stang. For Euros it is even only 10 Stang.
Superrich is way the best bargain if you for example want to change Euros into US$ or reverse. No bank (not even in Hong Kong) will give you a rate close to that. The disadvantage is that you have to carry cash.
If anyone is interrested, I have a scanned namecard. It seems I can't attach pics here, so please PM me with email. I doubt that Vasu has better rates. It might have been due to rate fluctuation on the same day. I will check that out next time in BKK.
Superrich is way the best bargain if you for example want to change Euros into US$ or reverse. No bank (not even in Hong Kong) will give you a rate close to that. The disadvantage is that you have to carry cash.
If anyone is interrested, I have a scanned namecard. It seems I can't attach pics here, so please PM me with email. I doubt that Vasu has better rates. It might have been due to rate fluctuation on the same day. I will check that out next time in BKK.
Last edited by HKtraveller; Jun 25, 2006 at 11:26 pm
#11
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Join Date: Sep 1999
Posts: 12,375
FWIW, I noticed Vasu was closed yesterday (Sunday), but there was a UOB portable (mini-van) money-changing van parked right in front (Soi 7/1). Obviously they're not giving rates nearly as good, but they must know Vasu is closed on Sundays, and hope to catch a lot of extra customers.
#12
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Originally Posted by HKtraveller
That Superrich has the best rates is easy to proof. The spread between buying and selling US$ is 15 Stang....
I still haven't checked out Superrich, but am interested to do so at some point in the future.
- Michael
#13
Join Date: Aug 2003
Location: Santa Monica CA
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Originally Posted by Michael
FWIW, I believe the spread at Vasu on the day I went to change USD was only 7 satang...
I still haven't checked out Superrich, but am interested to do so at some point in the future.
- Michael
I still haven't checked out Superrich, but am interested to do so at some point in the future.
- Michael