Originally Posted by
Dr. HFH
Am I the only one left who likes AMEX travelers checks? They're free to AAA members and travelers checks seem to have the best exchange rate at banks.
Not so much. Bangkok Bank, for example, charges 153 baht per traveler's check. Kasikorn is the same. That's a little over $4.00 US for a $100 US traveler's check. You may get a slightly better exchange rate but end up with less money due to the fees.
Superrich, which has some of the better rates for a non-bank money changer, won't even take traveler's checks. If you don't want to go the ATM route, $100 bills with no rips, tears, or writing on them is probably going to get you the best exchange rate - at Superrich or VASU (and VASU, to my knowledge, is only in Bangkok.)