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#21
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Who Goes There wrote: Hi all I think I've decided to take some travellers cheques to Thailand with me in March and also a small amount of in Thai cash. I basically want to find the best value for money so does anyone know if it makes a difference if I get the cheques in $US or GBP? The reason I'm taking cheques and not using my debit card in ATMs is because my bank charge me a 2.75% overseas transaction charge plus 2% (minimum =A32) for cash advance. I think it's a bit cheeky but that's their rules. I'm unsure what is the best value so any input would be appreciated. thanks Change banks. My bank doesn't charge any of that. And if a machine charges my account, my bank credits me for the amount of the charge. Very common with US banks these days. Since you're bank says they are charging you for a "cash advance" that sounds like their rules for credit cards, not debit cards. Using a debit card does not constitute a "cash advance". You will pay a small fee to cash traveller's checks in Thailand. And it's becoming harder and harder to find places that will cash them. |
#22
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justme wrote:
"Who Goes There" wgt@home wrote in message ... PeterL wrote: "Hello bank. Thanks for your message, but no thanks. You charge exorbitant amounts that is way beyond other banks. Please close my account and take your charges to where the sun don't shine." I'll be changing banks when it's convenient to do so. Travelers checks have become a joke these days..don't you have an ATM card? Yes but my bank charge a lot for using them abroad which is why I posted the original question. |
#23
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Shop around. We have accounts with 2 different banks in Australia. Got
home from a trip to Thailand to find one charged us $5 for the privilege of withdrawing our money overseas. The other charged nothing. Guess which account we closed down. Banks will keep charging what they can get away with unless people vote with their feet. Don't put up with it - it is your money after all. "Who Goes There" wgt@nowhere wrote in message ... Hi all I think I've decided to take some travellers cheques to Thailand with me in March and also a small amount of in Thai cash. I basically want to find the best value for money so does anyone know if it makes a difference if I get the cheques in $US or GBP? The reason I'm taking cheques and not using my debit card in ATMs is because my bank charge me a 2.75% overseas transaction charge plus 2% (minimum £2) for cash advance. I think it's a bit cheeky but that's their rules. I'm unsure what is the best value so any input would be appreciated. thanks |
#24
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"Tchiowa" kirjoitti viestissä oups.com... You will pay a small fee to cash traveller's checks in Thailand. And it's becoming harder and harder to find places that will cash them. Most banks will buy them alright. |
#25
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"Tchiowa" kirjoitti viestissä oups.com... Absolutely true. Particularly in Thailand. ATMs appear all over the place in malls, banks, store fronts, etc. Difficult to find a place that *doesn't* have an ATM. Traveler's checks are a thing of the past. Traveller's cheques are still used widely and they have by no means died out. They are especially suitable for those of us who are not provided fast replacement of lost/damaged plastic when travelling abroad. Naturally once can use plastic to get cash. However, by far more handy they are for buying services. |
#26
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"Markku Grönroos" wrote in message ... "Tchiowa" kirjoitti viestissä oups.com... You will pay a small fee to cash traveller's checks in Thailand. And it's becoming harder and harder to find places that will cash them. Most banks will buy them alright. And most banks now say "whats a travelers check" forget it and get with the 21st century and use the ATM they are safer and much faster...please just forget the stupid American express and Cooks..the thing of the past now days.. |
#27
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"justme" kirjoitti viestissä ... "Markku Grönroos" wrote in message ... "Tchiowa" kirjoitti viestissä oups.com... You will pay a small fee to cash traveller's checks in Thailand. And it's becoming harder and harder to find places that will cash them. Most banks will buy them alright. And most banks now say "whats a travelers check" Eh? Travellers cheques are recognized in Thai banks. I know this with certainty. In provincial towns it *may* take pretty much time to sort things out though. forget it and get with the 21st century and use the ATM they are safer and much faster...please just forget the stupid American express and Cooks..the Bull. Cheques are as safe as money can be. As said before many of us have cards which are not replaceable decently like TCs. TCs are just insured cash money and as that they are not "old fashioned" nor "stupid". If their use was stupid, I wouldn't use them. |
#28
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"justme" wrote in message ... "Markku Grönroos" wrote in message ... "Tchiowa" kirjoitti viestissä oups.com... You will pay a small fee to cash traveller's checks in Thailand. And it's becoming harder and harder to find places that will cash them. Most banks will buy them alright. And most banks now say "whats a travelers check" Not true. forget it and get with the 21st century and use the ATM they are safer Again not true. ATM cards are more convenient in many locations. But they are definitely not safer than TC's. and much faster... Depending on location. please just forget the stupid American express and Cooks..the thing of the past now days.. |
#29
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In article , Markku Gr=F6nroos=20
says... Bull. Cheques are as safe as money can be. As said before many of us have cards which are not replaceable decently like TCs.=20 That's why you should carry a backup card. When I travel with my wife,=20 we have each an ATM card and each a credit card. With the credit card it=20 is still possible to get cash, should both ATM cards disappear or stop=20 working. --=20 Alfred Molon http://www.molon.de/Galleries.htm - Photos from China, Myanmar, Brunei,=20 Malaysia, Thailand, Laos, Cambodia, Nepal, Egypt, Germany, Austria,=20 Prague, Budapest, Singapore and Portugal |
#30
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In article , PeterL says...
forget it and get with the 21st century and use the ATM they are safer Again not true. ATM cards are more convenient in many locations. But they are definitely not safer than TC's. TCs can get stolen or lost. Besides it's a bit dumb to carry thousands of Euro in TCs with you. It's better to use an ATM card, which allows you to withdraw the cash you need when you need it. You don't have to plan in advance how much money you will spend on your journey. -- Alfred Molon http://www.molon.de/Galleries.htm - Photos from China, Myanmar, Brunei, Malaysia, Thailand, Laos, Cambodia, Nepal, Egypt, Germany, Austria, Prague, Budapest, Singapore and Portugal |
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