ask
Search
Ask
Answered4 years ago

Can I exchange slightly torn USD $100 bills in Thailand?

Jeh *****
asked Jun 15, 2022
4.4k
views
17
replies
1
likes
Any exchanges accepting newer USD $100, but torn 1/4" ?

Thanks 🙏
Answer summary
The community discusses the challenges of exchanging USD $100 bills that have minor tears in Thailand. While some banks deny such bills, others, particularly exchanges in malls or airports, may accept them without issue. Personal experiences highlight inconsistency, with certain banks like TT and Kasikorn reportedly rejecting even slightly damaged bills. Participants suggest that larger banks might accept torn notes but could require a lengthy process.
17 repliesnewest first
11

Click comment and we will ask for your email, then OTP, then name.

Robert ******
Robert ******
Isn't it a farce? As though they can't accommodate a bill with a tiny tear or blemish. Unbelievable, characteristic inflexibility. May the force be with you all!
Jeh *****
Jeh *****
OP
@Robert *****
From what I've read, charging for these bills helps to cover overhead. But isn't that covered in the exchange rate... Hmm
Hovvard ******
Hovvard ******
Pay a bar girl with it, long time.
Jeh *****
Jeh *****
OP
TT, Kasikorn and others in Jomtiem won't touch it.
Ken ********
Ken ********
I changed my marked, torn , slight damaged notes in the airport at Udon Thani, no problems
Grant *******
Grant *******
Rejected a brand new note missing less than 1 mm on corner. WTF
Sri ***
Sri ***
You can go to any banks directly instead of forex, bank should accept if not, if you are from USA, any bank will accept it
Jeh *****
Jeh *****
OP
@Sri **
If TT refuses, I give it a try
Paul ********
Paul ********
Some larger banks will accept torn bills, sometimes with a lengthy process.
Mark ********
Mark ********
I was denied by a bank for small issues in many bills. But the exchange at the mall took all of them.
Ադամ ********
Ադամ ********
Not likely. Latest crisp $100s with tiny crease tear natural from folding rejected, everytime.
Andrew **********
Andrew **********
I've always been denied for the smallest rip/tear. Good luck.
Jeh *****
Jeh *****
OP
@Andrew *********
I had undesirable results from Chinese owned banks; especially, in Indonesia. Mark down on bills with the slightest marks or wrinkles etc. Not sure about Thailand banks.
Jeh *****
Jeh *****
OP
Ah. So basically, we incur the fees to cover their overhead... That's life 😂
Burnard ************
Burnard ************
@Jeh ****
They end up at the Federal Reserve in the USA that exchanges them for new.

But the issue, half way across the planet, is getting them there. Maybe foreign banks have an agreement with a Western Bank or perhaps they use a special courier.

But the issue is also time and expense to exchange them. They cannot just reuse them in Asia right away.

But don't worry, they don't lose $100 for a torn bill. But there is a cost to them via money and/or time.
Andrew **********
Andrew **********
@Jeh ****
yes. They always tell me. Must be as close to perfect as possible
Jeh *****
Jeh *****
OP
@Andrew *********
I wonder where all these so called " imperfect", but acceptable bill go to..

Activity

11 joined
Jeh *****
Jeh *****
Jeh *****
Jeh *****
Jeh *****
Jeh *****
11
people
Thai Visa Advice and Everything Else
Thai Visa Advice and Everything Else
...members60% approval
Member 1
Member 2
Member 3
Member 4
Member 5
Member 6
Member 7
Member 8

Related

25
How can I open a bank account in Thailand while on a Non O visa without a lease agreement?
2.5k18288mo
What is the best way to apply for a DTV visa in Vietnam: embassy visit or online application?
66831y
What is the process for transferring 800,000 THB to a Thai bank given the 50,000 THB limit on KBank?
10.4k581881y
Is it difficult to open a bank account in Thailand with a Non-O marriage visa?
12.3k121851y
What recent issues have users experienced when transferring funds from Wise to Thai bank accounts?
2.3k17141y
Why won't Kasikorn Bank accept the new King Charles £50 notes in Thailand?
5k43461y
How can I open a Thai bank account in Hua Hin as an expat?
3.6k30191y
What are the main criticisms of the Pay&Tour tourist bank card from Kasikornbank?
2.9k71y
What bank should I choose for a DTV account in Thailand, and can I get a bank card instantly?
2.9k26152y
Can I use an agent or report by mail for the first 90-day declaration in Thailand?
1.1k662y
What is the best eSIM for Thailand and Ko Samui in terms of coverage?
3.6k762y
Can you open a bank account in Chiang Mai with a DTV visa?
1.3k962y
What are the cheapest ways to transfer large sums of money to a Thai bank account?
10k721162y
What documents do I need to open a bank account in Udon Thani as a foreigner on my wife's Blue Book TR14?
1.8k14102y
Is it easy to exchange £50 notes in Thailand?
10.2k75892y
Is it better to open a Thai bank account in the city where I apply for retirement or can I maintain my account after moving?
5k37563y
What could cause multiple ATMs to simultaneously fail in rural Thailand?
2.1k13133y
Where can my friend withdraw USD in Thailand for currency exchange?
638334y
What are the best and cheapest options to transfer money from the UK to Thailand?
15.6k156964y
What are the best banks and accounts for expats to earn interest on visa deposits in Thailand?
4.2k27534y
Is it better to exchange cash in my home country or in Thailand?
5.2k34425y
Which banks in Thailand allow you to open an account without a work permit or visa?
5.3k43485y
What is the best way to exchange currency when traveling from the UK to Thailand?
2k15155y
Which Thai bank is the easiest for a UK citizen to open an account with?
3.9k26505y
How can I open a personal bank account in Thailand for a Non-O visa requirement?
1.4k977y

Resources

Need help with your Thai visa?