Hi, here’s an Everything Else question(s) for you all:
My husband and I are going to CM at the end of November for 3-4 months. We are considering getting Bhat in the US so we have some money before arriving. Are we better off bringing
money with us or going to ATM’s using a Schwab debit card we just secured? Which banks give the best exchange rates?
Typically, are most landlords satisfied receiving Bhat in cash as rent and security payments? Or, how do landlords get their rent?
Thank you!
TLDR : Answer Summary
The discussion centers around whether to exchange US dollars for Thai Baht before arriving in Thailand or to use an ATM upon arrival. Many contributors recommend using the Schwab debit card at ATMs for better exchange rates and suggest bringing crisp US $100 bills for initial cash needs. They caution against exchanging money in the US due to unfavorable rates, with comments emphasizing that cash transactions in Thailand are advantageous. Recommendations include exchanging money at specific locations in Suvarnabhumi Airport where rates are more competitive, as well as utilizing services like Wise for bank transfers to landlords.