Comments on: Travelers Checks a Thing of the Past?

By: Talen

Talen — Fri, 20 Mar 2009 02:25:04 +0000

I have a feeling most banks, even those that have not charged conversion fees in the past, will be changing the way they do business and adding fees soon enough.

For now I’ll stick with the travelers checks and the bank card back up. Maybe one day banks will be less greedy but I doubt it.

By: Martyn

Martyn — Thu, 19 Mar 2009 10:52:35 +0000

Absolutely spot on advice for any newbie about to hit Thailand. I take the exact combination as you do, traveler cheques with a cash card back up. I also have my credit card for any unexpected heavier expenses. The traveler cheques give a decent on the spot exchange rate for a small fee...don't leave home without them. Martyns last blog post..The Buffalo Gang

By: martin in bulgaria

martin in bulgaria — Wed, 18 Mar 2009 15:56:49 +0000

I use a UK bank where using ATMs abroad is free I purpsoely joined them before moving abroad solely because of this. So much more cohnvenience than travllers cheques, like you say as a back up fine. martin in bulgarias last blog post..Two Tonics in One

By: Mike

Mike — Wed, 18 Mar 2009 05:08:17 +0000

Talen this is an interesting one. During my worldwide travels I have used TC's but I am not a great fan. Mainly because of the charges levied at purchase and cashing. I think they are a good back up and of course they are 100% secure even if lost most TC companies replace very quickly. I tend to use ATM's now but of course the charges can mount up if you make a lot of withdrawals. Here I get funds from the UK each month and my bank charges £25 for the transfer. However if I used my UK cash card and made one withdrawal each month it would be cheaper-then I would have a wad of cash to keep of course! Mikes last blog post..Koa Thongchai Thailand