What is the cheapest way to exchange UK pounds to Thai Baht in Pattaya, Wise or currency booths?

May 1, 2024
6 months ago
Vance *********
ORIGINAL POSTER
What would be the cheapest way to take UK pounds to Thailand , Wise or exchange in the yellow currency booths in Pattaya. Thanks in advance
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TLDR : Answer Summary
When considering the cheapest way to exchange UK pounds to Thai Baht in Pattaya, many users recommend using Wise due to its favorable exchange rates and lower fees compared to traditional methods such as currency booths. However, several comments suggest that specific exchange booths like Superrich might offer competitive rates as well. Additionally, some expats mention the reliability and safety of services like Western Union. Overall, while individuals can opt for Wise for electronic transfers, cash exchanges at well-known booths like TT and Superrich may still provide better rates, particularly if one monitors exchange rates closely.
Leroen ***************
Orange superrich exchange stalls
George *********
As already mentioned. In Pattaya use TT exchange.

Try to avoid changing at weekends: the rate will go up on Monday..negligible maybe ( before someone mentions the difference)
Vance *********
ORIGINAL POSTER
Thank you all
Paul ************
Cash is king unless you have Thai bank account then wise
Larry *********
Wise gives better exchange
John *******
Send it to me to take there for you no charge thats your cheapest option
Leonard ******
Cash is king
Mark **********
Cheapest way would be in your pocket
Gregory *******
In your pocket
Kevin *******
I use moneygram ! Excellent !
Kevin *******
Kevin *******
Kevin *******
Today at 1.45 pm
Kevin *******
Rusty ******
I'd say Wise off to the top of my head
Anthony *******
I have starling bank account but they still charge me 220 to withdraw money hmmm
Gareth ********
@Anthony ******
the ATM will charge you but Starling wont. I withdraw cash at the counter in Krungsri bank with my Starling card and Passport.
Jimmy *********
@Anthony ******
thats the thai bank fees. Starling dont charge.
Ian ********
Wise
Jason *******
And it actually went up since this morning. This is logged into my account. I was wrong though. It’s $8 and not $6. Still a good rate though
Galenus ******
The cheapest way would be to put it into your pockets 😄
Grant ***********
Wise still the best rate
John ********
No one has mentioned Revolut so far . Any negatives there ?
Bart **************
Unless you exchange at Superrich or a similar competitive place, wise is probably the better of the two options.
Shayne **********
Pockets and envelopes
Keith ******
Cash every time with TT Currency exchange, Best rates
Ken *****
best exchange rate is second road pattaya
Wayne *******
@Ken ****
Damini money exchange soi
****
pattaya
Ken *****
@Wayne ******
thanks will check that out next time
Wayne *******
@Ken ****
best exchange rate is in soi post office
****
they give a better rate than all the TT exchange
Paul *********
@Wayne ******
only if TT is shut
Wayne *******
@Paul ********
and they give a higher rate than any TT exchange in pattaya
Paul *********
@Wayne ******
not for $ or £. A least 50bp less than tt. So only time is better is when tt shut 😂
Wayne *******
@Paul ********
even when TT are open i get a better deal
Wayne *******
@Paul ********
no there not have you actually been there? I have and always get more than TT ARE paying
Wayne *******
@Paul ********
no is open 24 hours in soi
****
Neale **********
I send by western union to myself and pick it up there. Nice and safe
Lucia ***************
If you send money to your wise account and then take it out it has a limit of free withdrawals. I believe they are just two and then you get charged. So if in Bangkok I take out the 2 free withdrawals I still get charged the 250baht fee is it still better than taking cash and exchange there?
Willy *******
Always better and without fees to change cash.
Gary ********
Cash the Super rich basement bkk just past the train ticket booth
Andreas *********
If you'd care for your safety, I would transfer the bulk of the money to your Thai bank account using WISE or Western Union, by the account-to-account method. The diffrence to a cash exchange at a TT-Exchange booth is Pattaya is almost nonexistent !
Henrik *****
Don’t worry, all the exchange booths have the rates posted highly visibel, so easy to glance at them, and not be restricted to only use the same compagny everytime, since the differences isn’t big enough to go out of your way, to exchange.
Gareth ********
Starling account from UK. Good rates and can withdraw at the counter of Krungsi bank with passport for no fee.
Jimmy *********
@Gareth *******
but its expensive to use the atm card machine right?
Gareth ********
@Jimmy ********
yeah 220 baht. That’s why I go to the counter and they process it as a debit card transaction with no fee.
Jimmy *********
Krungsri i mean
Gareth ********
@Jimmy ********
oh and regards difference with exchange rate. I used to take out around 7,000 THB each week as that was my budget. The difference from the true rate and what I got with my withdrawal was around 40p for that amount with Starling. Pretty good really as you never get the true rate. Works out about 0.25% difference.
Gareth ********
@Jimmy ********
I tried a few and Krungsri was the first one that said I could withdraw at the counter, the others declined me. But there may be others.
Jimmy *********
@Gareth *******
thanks for that...is it only kailasin bank ?
Jason *******
I send myself money using the western Union app. They charge $6 to get $2,000. Can someone tell me how much wise charges?
Jason *******
I check the exchange rate daily and when it’s good I send myself more money and pick it up whenever I need it.
Andreas *********
@Jason ******
transferring with WISE from bank account to bank account is MARGINALLY better than transferring using the same method, with WU. You can really ignore the difference
Jason *******
My biggest issue with using a bank card to access money instead of western Union is the simple fact that in most places you can only take a out a few hundred at a time.
Jason *******
Jason *******
@Andreas ********
thank you for this answer. I’ll stick with western Union.
Ken ***********
@Andreas ********
i used Western Union once before but found the exchange rate very poor, has that changed ?
Jason *******
@Ken ******
I am taking out $2,000 at a time and it costs me $6 total.
Ken ***********
Jason *******
@Ken ******
so in this case it looks like western Union is the winner.
Ken ***********
@Jason ******
that is a one time introductory rate. The normal WU exchange rate is 36.37 but they are using a one time intro rate of 36.96. Without the intro rate, the amount received would be THB 72,740. Up to you.
Jason *******
@Ken ******
absolutely not an introductory rate. I am logged into my account and I have been accessing money this way for over a year.
Ken ***********
@Jason ******
the western union screen shot shows introductory rate.

No worries if you are satisfied, all good.
Jason *******
@Ken ******
are you saying my screenshot is showing an introductory rate or your is?
Ken ***********
@Jason ******
but my question is how competitive is the exchange rate ? When I used WU before, the fees were low but the exchange rate was 3 to 5 % lower resulting in a substantial loss in received funds
Declan **********
@Jason ******
you should also factor in the exchange rate differences, not just the cost to transfer, not sure of the cost of the transfer from USD to THB, but GBP to THB the exchange rate differences makes it worth eating the extra cost to transfer as I still get more even with the extra cost.
Henrik *****
Just type the amount in the Wise app, and you will get the informations.
Jason *******
@Henrik ****
thanks for the info
Paul **********
@Jason ******
wise has better exchange rates and lower fees than most. I myself bring new $100 bills and exchange at super rich near Central world mall.
Egger *********
@Paul *********
I used to but wise was giving 46.5 and Tt exchange was only 45 Bhat .
Jason *******
@Paul *********
so how much would it cost you to take out say $1,000 with wise ?
Henrik *****
It can change hour. by hour, so use google to find the rates.
Christopher *************
Wise definitely
Paul ********
Wise has great rates and no security issues with carrying money
Paul ********
Well I don’t have any problems using them. Maybe it was something to do with you
Luke *******
@Paul *******
incorrect. At any time WISE can suspend your account and basically steal your money. Happened to me about two years ago. Had been using them for 5+ years also. No explanation and no avenue to contact them get a response. Googling it showed that many others have also copped this
Vinn *********
Superrich lowest floor airport SUV for example.
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