How to exchange RMB for Thai baht at the end of the month?

The following are several common ways to exchange Thai baht:

1. Direct purchase in China is the highest exchange rate, and China banks can also purchase Thai baht directly, but not all business offices or at all times. You need to make an appointment in advance and bring your ID card.

2. You can also try the ATM machines of all UnionPay signs in Thailand or related banks in Thailand. It should be noted that the deposit balance of ATM machines shows the amount of Thai baht calculated according to the foreign exchange quotation of China UnionPay at that time, not the balance of RMB. The exchange rate is calculated according to the selling price of Thai baht published by Bank of China on the same day, but the issuing bank will charge a certain handling fee (generally .3%-.5%, and the minimum charge for each transaction is 1 yuan RMB).

3. exchange euros, dollars or Hong Kong dollars in China, and then exchange them into Thai baht in Thailand. Two exchanges will produce a certain exchange rate loss. Generally speaking, the exchange rate of banks will be slightly lower than that of street exchange shops.

4. In Thailand, RMB is directly exchanged, and the exchange rate is lower than the above ways.

Extension of related knowledge points:

Currency exchange

1 baht =.1789 RMB

1 RMB =5.5889 baht.