Currency in Cambodia

Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht, US$),
where to change and if creditcards (Visa) are accepted ?

Thanks & regards,
FJ

"fjnet" wrote in message
...
Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht,
US$),
where to change and if creditcards (Visa) are accepted ?

Thanks & regards,
FJ


US dollars are pretty useful. Have lots of $1 bills on hand. You'll get
Cambodian currency back as change, they are pretty useless once you are out
of the country.

On Fri, 17 Sep 2004 13:53:30 -0700, comcast wrote:

fjnet wrote:
Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht, US$),
where to change and if creditcards (Visa) are accepted ?

Thanks & regards,
FJ


US$1=3900-4000 Cambodian Riels. The banks where you withdraw your
money from your credit do not give you good exchange rates. Go market
places like Psar Thmei (central Market) etc to get a better rate.

Most banks (Canadia, Commercial bank, etc) in PP, SIemreap allow you
withdraw money from your credit card account for a fee (1-2 for
100-$500.0, and $6 flat for 500 or more) I think it is very reason
fee.

It might be reasonable if that were the only fee being charged, but
its not. They shouldn't really be charging anything at all.

The agreement between all Visa and Mastercard issuing banks is that
the card issuing bank is the one to make the charges. The banks in
Cambodia (and a few other places) breach the agreement by charging for
issuing cash. That results in customers being charged twice, once in
Cambodia, and again by their bank at home. They want to have their
cake and eat it as well.

Chris

On Fri, 17 Sep 2004 13:53:30 -0700, comcast wrote:

fjnet wrote:
Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht, US$),
where to change and if creditcards (Visa) are accepted ?

Thanks & regards,
FJ


US$1=3900-4000 Cambodian Riels. The banks where you withdraw your
money from your credit do not give you good exchange rates. Go market
places like Psar Thmei (central Market) etc to get a better rate.

Most banks (Canadia, Commercial bank, etc) in PP, SIemreap allow you
withdraw money from your credit card account for a fee (1-2 for
100-$500.0, and $6 flat for 500 or more) I think it is very reason
fee.

It might be reasonable if that were the only fee being charged, but
its not. They shouldn't really be charging anything at all.

The agreement between all Visa and Mastercard issuing banks is that
the card issuing bank is the one to make the charges. The banks in
Cambodia (and a few other places) breach the agreement by charging for
issuing cash. That results in customers being charged twice, once in
Cambodia, and again by their bank at home. They want to have their
cake and eat it as well.

Chris

If you pay in US dollars (everywhere accepted) and get chance in US dollars
back take care that the notes are not damaged. Cambodians not accept damaged
US notes. Take US 1 and 5 notes.

Good Luck


"fjnet" schreef in bericht
...
Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht,
US$),
where to change and if creditcards (Visa) are accepted ?

Thanks & regards,
FJ

If you pay in US dollars (everywhere accepted) and get chance in US dollars
back take care that the notes are not damaged. Cambodians not accept damaged
US notes. Take US 1 and 5 notes.

Good Luck


"fjnet" schreef in bericht
...
Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht,
US$),
where to change and if creditcards (Visa) are accepted ?

Thanks & regards,
FJ

"fjnet" wrote in message
...
Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht,
US$),
where to change and if creditcards (Visa) are accepted ?

I was there a year and a half ago. I don't think much has changed since
then.

US$, Thai Baht and Riel are all readily accepted. It was about 3900 riel =
US$1 when I went. Merchants generally used the exchange rate of 3800 or
4000 - whichever was to their advantage during the transaction.

I had no trouble changing travelers checks at a bank in Siem Reap, and my
friend got a cash advance on her credit card with no problem. As for ATM
cards, I've heard there was one bank in PP that would take them; this may be
different now. However I mostly used US$ and Thai Baht when I was in
Cambodia.

--
Peacenik

"fjnet" wrote in message
...
Can anybody who visited Cambodia (especially siem raep, PP and
Sihanoukville) tell me what kind of currency is used (Riel, Thai Baht,
US$),
where to change and if creditcards (Visa) are accepted ?

I was there a year and a half ago. I don't think much has changed since
then.

US$, Thai Baht and Riel are all readily accepted. It was about 3900 riel =
US$1 when I went. Merchants generally used the exchange rate of 3800 or
4000 - whichever was to their advantage during the transaction.

I had no trouble changing travelers checks at a bank in Siem Reap, and my
friend got a cash advance on her credit card with no problem. As for ATM
cards, I've heard there was one bank in PP that would take them; this may be
different now. However I mostly used US$ and Thai Baht when I was in
Cambodia.

--
Peacenik

Christ;
They charged only handling fee of 5-6 dollars max. I can understand
that the Cambodian banks have to pay their workers' salaries. By the
way, my bank charges me nothing for using cash advance. $5-$6 dollars
is very cheap to pay to withdraw 500-10000 dollars. Shop around for
your credit card bank.
They should not charge you for using cash advance other than compounded
interest.




It might be reasonable if that were the only fee being charged, but
its not. They shouldn't really be charging anything at all.

The agreement between all Visa and Mastercard issuing banks is that
the card issuing bank is the one to make the charges. The banks in
Cambodia (and a few other places) breach the agreement by charging for
issuing cash. That results in customers being charged twice, once in
Cambodia, and again by their bank at home. They want to have their
cake and eat it as well.

Chris

Christ;
They charged only handling fee of 5-6 dollars max. I can understand
that the Cambodian banks have to pay their workers' salaries. By the
way, my bank charges me nothing for using cash advance. $5-$6 dollars
is very cheap to pay to withdraw 500-10000 dollars. Shop around for
your credit card bank.
They should not charge you for using cash advance other than compounded
interest.




It might be reasonable if that were the only fee being charged, but
its not. They shouldn't really be charging anything at all.

The agreement between all Visa and Mastercard issuing banks is that
the card issuing bank is the one to make the charges. The banks in
Cambodia (and a few other places) breach the agreement by charging for
issuing cash. That results in customers being charged twice, once in
Cambodia, and again by their bank at home. They want to have their
cake and eat it as well.

Chris