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Money Matters in Thailand Money Matters in Thailand

Money Matters in Thailand

The currency of Thailand is the "Baht". One Baht is divisible into 100 Satang. Travelers checks are not widely accepted outside of hotels, so change them for cash at a bank exchange, which you'll find in any and every tourist destination. At Bangkok's Suvarnabhumi Airport, there are exchange booths right in the Customs Hall as well as in the general arrivals area. Most Thai banks now charge a 200 baht fee per withdrawal when you use their ATMs with a foreign card. While Hotels DO offer cash and T/C exchange facilities, the rate offered is usually very poor compared to that offered by Banks booths. Visa and MasterCard branded travel cards, debit cards can be used for over the counter purchases and ATM withdrawals in Thailand. You can use a Visa or MasterCard card to pay for hotels and some hostels, for food and when shopping at department stores and retailers, withdraw cash from ATMs. If you’re venturing outside the cities, you will need cash to pay for your expenses.

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