'Exchange trick' with ATMs in Thailand

By Lodewijk Lagemaat
Posted in Currency - Thai Baht
Tags: ,
January 13 2014

On Thailandblog you can regularly read what is the cheapest: bring euros or withdraw money. There is often a debit card and the home bank calculates afterwards what amount will be debited from the account. Now another and especially expensive option is emerging!

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There is a lot going on in the monetary world. The euro is under pressure due to the weak economic performance and high debts of a number of countries within the European monetary union. Countries that do not have their household books in order and can hardly or cannot meet their obligations have to borrow money from other countries or from the European Central Bank. If a country is no longer able to pay interest on its government bonds…

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With Thai FX Rates you can easily compare the exchange rates of seven commercial banks in Thailand in real time. The exchange rates of the banks in Thailand differ from each other. If you want to exchange a lot of foreign currency or transfer euros to Thailand, it is useful to know where you can get the best exchange rate. There are several large banks in Thailand where you can exchange money, including: Bangkok Bank Kasikorn Bank TMB Bank Krung Thai ...

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