Cambodian banks and Thai baht

Whether you're a working stiff or a business owner yourself, this is the place to discuss all aspects of financing your drinking habit ;-)

NO BUSINESS SALES HERE PLEASE, WE HAVE A SECTION FOR THAT IN THE CLASSIFIEDS.
Salavan
Tourist
Posts: 5
Joined: Sun Jan 06, 2019 10:52 pm
Reputation: 2
Great Britain

Cambodian banks and Thai baht

Post by Salavan »

Hi does anyone know if you can deposit Thai baht cash into a cambodian bank
User avatar
phuketrichard
Expatriate
Posts: 16852
Joined: Wed May 14, 2014 5:17 pm
Reputation: 5764
Location: Atlantis
Aruba

Re: Cambodian banks and Thai baht

Post by phuketrichard »

In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
User avatar
Cooldude
Expatriate
Posts: 651
Joined: Mon Mar 06, 2017 4:28 pm
Reputation: 432
Cambodia

Re: Cambodian banks and Thai baht

Post by Cooldude »

Acleda.
pczz
Expatriate
Posts: 3204
Joined: Sun Mar 22, 2015 1:00 pm
Reputation: 807
Location: phnom penh
Great Britain

Re: Cambodian banks and Thai baht

Post by pczz »

You can deposit and withdraw thai baht in most border towns at Microfinance and some banks. In PP you can keep the money in baht but you generally have to withdraw it as dollars. ACLEDA do foreign currency accounts in GBP, EURO and Thai baht, but you might have to go to head office and stamp your feet to find someone who knows about it. You can pay in baht but only draw out in usd or riel. there is a fee for putting money in which i thibnk is inline with incoming trnasfers at $10 minimu or .1% ($20 for 20,000). There is no intereston these accounts, unlike Microfinance.
User avatar
phuketrichard
Expatriate
Posts: 16852
Joined: Wed May 14, 2014 5:17 pm
Reputation: 5764
Location: Atlantis
Aruba

Re: Cambodian banks and Thai baht

Post by phuketrichard »

...You can pay in baht but only draw out in usd or riel.
this makes no sense, Understand what ur saying but the whole point of depositing a foreign currency is because u wish to keep it in that currency.
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
pczz
Expatriate
Posts: 3204
Joined: Sun Mar 22, 2015 1:00 pm
Reputation: 807
Location: phnom penh
Great Britain

Re: Cambodian banks and Thai baht

Post by pczz »

phuketrichard wrote: Sat Mar 30, 2019 8:37 am
...You can pay in baht but only draw out in usd or riel.
this makes no sense, Understand what ur saying but the whole point of depositing a foreign currency is because u wish to keep it in that currency.
i know. had the same discussion. apparently they do not hold onto foreign currency. it also means they make mobey on yourwithdrawals and deposits. I wanted 3000 euros and had to go to head office
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 139 guests