I know that this topic has already been discussed several times in this forum, but perhaps my most recent (today) experience will still be useful to readers.

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Went to GSB today and it was no problem to open a bank account there. Tomorrow I will close the bank account at the Krungsi bank and deposit the balance with GSB, so that I am still in time to meet the 2-month requirement for applying for a year extension.

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If you want to benefit from the best exchange rate, it is better to wait with exchanging money until you are in Thailand. Exchanging money in Thailand is quite easy. There are a few things you should keep an eye on, so read our tips. This way you can always get the best possible exchange rate.

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Several times this blog site has discussed the exchange rate differences with an ATM withdrawal. Yesterday I was forced to withdraw from an ATM of the Kasikorn Bank. In the meantime I had discovered that the withdrawal costs of the Thai Banks had been increased to 220 baht, but that is not the point.

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