change sterling to dollars in the UK or when i arrive in Siem Reap?

This is where our community discusses almost anything! While we're mainly a Cambodia expat discussion forum and talk about expat life here, we debate about almost everything. Even if you're a tourist passing through Southeast Asia and want to connect with expatriates living and working in Cambodia, this is the first section of our site that you should check out. Our members start their own discussions or post links to other blogs and/or news articles they find interesting and want to chat about. So join in the fun and start new topics, or feel free to comment on anything our community members have already started! We also have some Khmer members here as well, but English is the main language used on CEO. You're welcome to have a look around, and if you decide you want to participate, you can become a part our international expat community by signing up for a free account.
User avatar
SamSalmon
Tourist
Posts: 2
Joined: Sat Jul 29, 2017 3:47 am
Reputation: 0
Great Britain

change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by SamSalmon »

Im moving to Cambodia soon to teach and just wondered if its best to change up £s to $s here in the UK or Cambodia? Also does the rent vary between PP SR & Snook - is PP more expesive as it is the capital. Im very excited! :dragonchase:
User avatar
AndyKK
Expatriate
Posts: 6448
Joined: Tue Jun 13, 2017 7:32 am
Reputation: 2248
Great Britain

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by AndyKK »

Not to dampen your move. The rates are not at their best at the moment, pound to the dollar. It would obviously be in your best interest to get the best exchange rate. Look at some of the companies in the UK, they offer good rates on higher dominations. Yes you have to carry it with you and then open a bank account when you arrive in Cambodia.
I bought with me the limit you are allowed to bring in the country. I wish I had bought more. Now I have to settle for bank transfers.
Always "hope" but never "expect".
Anchor Moy
Expatriate
Posts: 13458
Joined: Wed May 28, 2014 11:37 pm
Reputation: 3974
Tokelau

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by Anchor Moy »

SamSalmon wrote: Fri Aug 04, 2017 9:12 pm Also does the rent vary between PP SR & Snook - is PP more expesive as it is the capital. Im very excited! :dragonchase:
PP is definitely more expensive for rent than elsewhere in Cambodia. As you say, it's the capital, there's a big demand. Wherever you are headed, go there first, get a hotel, and check out places for yourself before you rent. Not a good idea to pick a place from an internet site IMO. Nothing like seeing the real thing. :shock:

Is it your first time in Cambodia ? Enjoy :beer3:
User avatar
AndyKK
Expatriate
Posts: 6448
Joined: Tue Jun 13, 2017 7:32 am
Reputation: 2248
Great Britain

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by AndyKK »

SamSalmon wrote: Fri Aug 04, 2017 9:12 pm Im moving to Cambodia soon to teach and just wondered if its best to change up £s to $s here in the UK or Cambodia?
Is the teaching job going to give you enough money to live on? If you are thinking of bank transfers, do you have a bank in England and what are the transfer chargers?
Always "hope" but never "expect".
User avatar
Fourkinnel
Expatriate
Posts: 799
Joined: Sat May 30, 2015 12:39 pm
Reputation: 82
Tonga

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by Fourkinnel »

Change it in Cambodia. You will get a much better rate at the money changers than in rip off UK banks!. Even the company's that are listed on sites such as moneysavingexpert could not match the rates. That said make sure all the notes you bring (some places may even refuse £50 notes) are not ripped or have writing on. They hate even small tears on $1 here. Open a bank acc in UCB or ABA which are fairly easy to do, better than under your mattress.
User avatar
vladimir
The Pun-isher
Posts: 6077
Joined: Mon May 12, 2014 6:51 pm
Reputation: 185
Location: The Kremlin
Russia

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by vladimir »

What Fourkinnel said.
Jesus loves you...Mexico is great, right? ;)
User avatar
General Mackevili
The General
Posts: 18424
Joined: Tue May 06, 2014 5:24 pm
Reputation: 3419
Location: The Kingdom
Contact:
United States of America

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by General Mackevili »

What Vlad said.
"Life is too important to take seriously."

"Life does not cease to be funny when people die any more than it ceases to be serious when people laugh."

Have a story or an anonymous news tip for CEO? Need advertising? CONTACT ME

Cambodia Expats Online is the most popular community in the country. JOIN TODAY

Follow CEO on social media:

Facebook
Twitter
YouTube
Google+
Instagram
User avatar
vladimir
The Pun-isher
Posts: 6077
Joined: Mon May 12, 2014 6:51 pm
Reputation: 185
Location: The Kremlin
Russia

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by vladimir »

What GM said what Vlad said what Fourkinnel said.
Jesus loves you...Mexico is great, right? ;)
Barang_doa_slae
The Dark Horse
Posts: 1298
Joined: Sun May 25, 2014 1:12 pm
Reputation: 83
Cambodia

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by Barang_doa_slae »

vladimir wrote: Sun Aug 06, 2017 11:47 am What GM said what Vlad said what Fourkinnel said.
It sounds strange to say but what vlad said.
Money changer in cambodia probably offer the best rates in the world save for Trump money changer of choice on the ruble.
User avatar
AndyKK
Expatriate
Posts: 6448
Joined: Tue Jun 13, 2017 7:32 am
Reputation: 2248
Great Britain

Re: change sterling to dollars in the UK or when i arrive in Siem Reap?

Post by AndyKK »

Fourkinnel wrote: Sun Aug 06, 2017 11:09 am Change it in Cambodia. You will get a much better rate at the money changers than in rip off UK banks!. Even the company's that are listed on sites such as moneysavingexpert could not match the rates. That said make sure all the notes you bring (some places may even refuse £50 notes) are not ripped or have writing on. They hate even small tears on $1 here. Open a bank acc in UCB or ABA which are fairly easy to do, better than under your mattress.
It's a bit like swings and roundabouts! I personally like to have a little bit of money in my pocket (currency of the country) on entry.
It was over two years ago last time I arrived here. Things do and have changed, sometimes for the better, and for the worse. The better the exchange rate you can get is obviously better for you! more money in your pocket.
At the time when I left old blighty I look at all the possibilities for money exchange, at the time Sainsburys where the easiest and better rates, even more with a Necter Card.


Image

Money transfer - Bank in the UK I had looked on the internet and also visited them to ask questions. Halifax only costs £9 for money transfer to Cambodia, and that is any amount. I found them the lowest cost. I opened an ABA account in Cambodia, transferred monies from the Halifax with no troubles. 2 to 3 days from start to finish with minimum cost.

The poster is right about damaged notes! I had around £1000 with small writing marks. The banks here would not except them. I took them to a money exchange - he took them to the bank and had no such problems. But do you best to get clean pound notes before you leave the UK. It will save you heaps of hassle.
Always "hope" but never "expect".
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Bing [Bot], Jaas, Semrush [Bot], ThiagoA and 1094 guests