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  ABOUT THAILAND
 
About Thailand
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Fast facts
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History
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Money matters
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Religion
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Thai phrases
Tourist Places
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Bangkok
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Chiang Mai
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Krabi
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Pattaya
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Phuket
Beaches - Islands
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Jomtien Beach
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Pattaya Beach
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Phi Phi Island
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Phuket Island
Shopping
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Buyer beware
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Shopping tips
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What to buy
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Where to shop
Food
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Introduction
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Preparing thai food
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What comprises a thai meal
Accommodation
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Bangkok
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Chiang mai
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Krabi
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Pattaya
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Phi Phi
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Phuket
Newsletter
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 You are here :: Home >> About Thailand >> Money Matters
 
Money Matters
 

Business Hours
Most commercial concerns in Bangkok operate on a five-day week, usually from 8 am to 5 pm. Many stores open seven days a week from 10 am to 10 pm. Government offices are generally open between 8.30 am and 4.30 pm with a noon to 1 pm lunch break, Monday to Friday except on public holidays. Banks are open Mondays to Fridays from 9.30 am to 3.30 pm except on public holidays.

Currency and Currency exchange
The thai unit of currency is the baht 1 baht is divided into 100 satang. Note are in denominations of 1,000 (brown), 500 (purple), 100 (red), 50 (blue), 20 (green) and 10 (brown) baht. Coins consist of 25 satang, 50 satang, 1 baht, 5 baht and 10 baht.


Package Tours
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Explore Thailand with Singapore
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Explore Pattaya - Bangkok - Phuket
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Explore Pattaya - Bangkok - Singapore

Major currency bills and travellers cheques are cashed easily at hotels, tourist shops, all provincial banks, shopping centres and money changers.Travellers cheques are best changed in banks (you will need your passport). Rates of exchange at banks or authorised money changers are better than those at hotels and department stores.

Any amount of foreign currency may be brought into the country. Visitors may take foreign currency out of Thailand, but no more than the amount stated in the customs declaration made on arrival. Travellers leaving Thailand may take out no more than 50,000 baht per person in Thai currency.

Tipping
Tipping is not a usual practice in Thailand although it is becoming more common. Most hotels and restaurants add a 10% service charge to the bill. Taxi drivers do not require a tip, but the gesture is appreciated and 10-20 baht is acceptable for porters.

Bargaining
Fixed prices are the norm in department stores, but at most other places bargaining is to be expected. Generally, you can obtain a final figure of between 10-40% lower than the original asking price. Much depends on your skills and the shopkeeper's mood. But remember, Thais appreciate good manners and a sense of humor. With patience and a broad smile, you will not only get a better price, you will also enjoy shopping as an art.


Other Topics in About Thailand
An Introduction :: Fast Facts :: History :: Religion :: Thai Phrases :: Money Matters

 
 You are here :: Home >> About Thailand >> Money Matters
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