Changing money in Bangkok is a fairly easy process, but choosing where to change your money can have a noticeable impact on how much baht you will be stuffing in your wallet. Those on a budget should try to avoid big banks in shopping malls and popular tourist spots as the higher rents are passed onto the customer in the form of worse commission rates.
Bear in mind the amount of time it takes to go out of your way to find the best exchange rates too. If you add up your lost time and taxi fares, many people might just choose to take the convenience of a large bank despite the worse exchange rate. Some big department stores even accept major foreign currencies such as US dollar and Japanese yen, but the exchange rate they give is very poor so we don’t recommend it.
Super Rich International Exchange
Super Rich is the most famous money exchange company in Bangkok and are almost guaranteed to have the best rates. They have several branches spread out across the city, ranging from kiosks in some BTS Skytrain stations, to small shops and their headquarters located between Pratunam and Chitlom, on Ratchadmri Soi 2, a small soi opposite Central World Shopping Mall. You must have your passport with you to exchange currency in Bangkok.
The most popular branches are listed here:
• Head Office:
Ratchadmri Road Soi 2, Opening Hours: 09:00 – 18:00 daily (Note: Sundays and National Holidays they buy currency only), TEL: +66 (0)2 655 2488
• Silom Building:
Silom-Narathiwas Road Intersection, Opening Hours: Monday to Friday 9:00 - 18:00, (weekends and National Holiday 9:00 - 17:00). Tel +66 (0)2 635 0900
• Chit Lom BTS Skytrain Station Kiosk:
Chit Lom BTS (Exit 1), Opening Hours: 10:00-20:00 daily (buy foreign currencies only)
• Asok BTS Skytrain Station Kiosk:
Asok BTS (Exit 1), Opening Hours: 10:00-20:00 daily (buy foreign currencies only)
Find more information at: http://www.superrich1965.com/
Vasu Exchange Bangkok
The other big name when changing money in Bangkok is Vasu Exchange, located in the Nana area of Sukhumvit, Soi 7/1. The conversions here are also very competitive and are virtually guaranteed to be better than Thai or international banks.
- Opening Hours: Mon to Fri 09:00 – 18:00 (closed on Sundays)
- Location: 133-133/1 Sukhumvit Road Soi 7/1
- BTS: Nana
- Tel: +66 (0)2 251 1859
Do you really need to carry Thai baht in Bangkok?
Of course, in these days of digital money, it’s not always necessary to exchange wads of cash. Paying by credit card is more and more popular, especially in a shopping mall or top-end restaurant. Credit card fraud is not a big problem in Bangkok. However, you will always need some cash for things like small purchases, taxi fares and market visits.