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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. |
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| 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. |
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.
Credit Cards: Credit cards are widely
accepted. For lost cards :
American Express Tel : 0 2273 5100 or 0 2273
0022
Diners Club Tel : 0 2238 2920 or 0 2238 2680
Master Card Tel : 0 2256 7326-7
Visa Tel : 0 2256 7326-7
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.
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