Thai Currency

Thai Currency


Money, exchange & credit cards
Thai currency is the Baht, divided into 100 Satang. Thai notes are in denominations of B1000, 500, 100, 5O, 20 and 10. Coins are of B10, 5 and 1.

Cash and travelers cheques can be exchanged freely with banks or money changers giving better rates than hotels. Major international credit cards are widely accepted in hotels, restaurants and shops.

Tipping
Major hotels and restaurants usually add ten percent service charge to bills, otherwise tip around ten per cent if you appreciated the service. The service charge of ten per cent is common on up-market restaurant and hotel bills, even if they also charge government tax.

Banking hours
Thailand time is GMT plus seven hours. Banking hours are generally 8:30am-3:30pm, Monday to Friday. Some Bangkok banks have shorter hours in an effort to lessen the rush-hour traffic problems.  Exchange booths are often open daily, early until late. As well as providing day-to-day banking services, the major banks can also organize international money transfers. Almost all banks, especially in larger towns and in cities, will have an associated ATM.