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Money Matters
What special challenges do PCVs face when trying to give, receive, or keep track of money while serving in Thailand? Use this page to share problems and solutions about dealing with money during Service.
Accessing Money from U.S. accounts
- Withdrawing money from a U.S. account is pretty easy as long as you have a debit card. ATMs are abundant in Thailand, and the exchange rates are typically good. Just watch out for fees; you probably want to take out money in one large lump rather than many smaller sums.
- Depositing Money -- Does anyone know how to?
Money Transfers and Paying for Services
Many PCVs live in rural settings and must travel several hours to get to the capital city of their province. This makes it difficult to reserve bus and train tickets, which usually must be done in person (not over the internet). Some companies have a call center, and through the call center you can reserve a ticket as long as you pay via ATM within 24 hours. The call center reserves the ticket, gives you a transaction code, and you transfer the money to the company using that transaction code. You trade in the ATM receipt for the actual ticket when you go to the bus station. Sometimes hotels might ask you to transfer a deposit to an individual's account. As long as you feel comfortable trusting the hotel, this is another use for reserving things electronically.
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Latest page update: made by showeropera
, Apr 18 2008, 4:40 AM EDT
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| Started By | Thread Subject | Replies | Last Post | ||
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| lorenbr | Making Deposits | 2 | Apr 25 2008, 10:56 PM EDT by lorenbr | ||
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Thread started: Apr 24 2008, 9:50 PM EDT
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I'm a Bangkok Bank customer, and I used an automated deposit machine inside my bank to make a deposit. It was very easy. Just like using an ATM, but the machine was different. After I keyed in my PIN and told it that I wanted to make a deposit, a little slot opened up in the machine, and I just put my cash in there. It counted it all, spit out one bill which was kind of wrinkled (so I straightened it), then ran the counter again and it confirmed that I had put in all the money I thought I had. Then it gave me a reciept... Voila! And it was all in English, so it was easy peasy.
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