Before March 1 2014 the travelers check was the best way for me
to bring money, good rate vs $100 cash, now it is a big mistake
to have travelers checks.
I went to exchange money
at the bank, exchange rate was posted @ 32.35 but I end up with
30.08 ??? ($1000.00 US dollar TC). Thats 150 baht per
travelers check!I lost 1500 baht to the new exchange fees, its much cheaper to use your home countries ATM and withdraw 20,000 baht at 1 shot and get charged 150 baht, last month I exchanged money at 280 baht banks exchange fee. Travelers checks If you prefer the security offered by travelers check, then take them in your home currency if available. i.e. If you are from Britain, do not get USD check or you will lose money on that exchange before you have even started. In some cases there is a fee to buy travelers check.
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