THB Thailand Baht
Exchange Services Thai Currency
The Thai unit of currency is the baht,
which is worth a little less than 4 US cents. One US dollar = approximately
The baht is divided into 100 satang. "Copper"
coins are valued at 25 and 50 satang. "Silver" coins are in
denominations of 1'2 and 5 baht. A 10 baht coin is composed of both "silver"
and "copper". Banknotes are valued at 10 baht (brown), 20 baht
(green), 50 baht (blue), 100 baht (red), 500 baht (purple) and 1,000 baht
US dollar traveler cheques can be conveniently cashed
at all provincial banks and authorized moneychangers. Traveller cheques
in other currencies are best changed in Bangkok where better rates prevail.
Generally, hotel exchange rates are lower then those offered by banks
and authorized moneychangers.
Major international credit cards, such as American
Express, Diners, Carte Blanche, Master Card and VISA are accepted by major
banks, restaurants, hotels and shops.
Thai and foreign banks provide standard services nationwide,
Monday through Friday, except public and bank holidays, between 9.30 AM
and 3.30 PM.
Major banks such as Bangkok Bank, Thai Danu Bank, Thai
Farmers Bank and Siam Commercial Bank operate currency exchange centres
in most tourist areas from 7.00 AM to 9.00 PM, seven days a week, including
Many first-class hotels provide 24-hour money exchange
services, but only for major currencies such as American dollars, British
pounds, German marks and Swiss francs. Travellers cheques are generally
accepted only from bona fide hotel guests.
1. Foreign tourists may freely bring in
foreign banknote or other types of foreign exchange. Upon leaving Thailand,
a foreign tourist may freely take out foreign means of payments which
he brought in with him, with the exception that foreign notes or coins
are limited to a maximum equivalent of US$ 10,000 or the amount declared
in writing to Customs upon arrival. Failure to do so may lead to arrest,
confiscation of the excess amount involved and/or prosecution.
2. For travellers leaving Thailand, the
maximum amount permitted to take out without prior authorization is 50,000
baht per person
3. Foreign visitors may bring in personal
effects and other goods which are not prohibited by current customs regulation.
Other than personal effects, departing visitors are also allowed to take
out merchandise bought from duty free shops, precious stones, gold and
4. Foreign visitors are welcome to open
a foreign currency account with any commercial bank in Thailand. As a
special gesture to nonresidents, no restrictions are imposed on the maintenance
of and withdrawal from the account, as long as the funds originate from
abroad. For additional information concerning foreign exchange regulations,
please contact any authorized banks.