Finance and money forum

help with travel cheque!

  • soQQuadro

    Joined Travelfish
    3rd August, 2009
    Posts: 28

    It might sound a silly question but is the first time I hear of travel cheque so I need an advice.
    I'm gonna be travelling fir 8 weeks thru Thailand-Laos-Vietnam and Cambodia so considering the cheque as an option.
    But what currency shud I put in?What's best?
    currently living in NZ.some euro notes left.
    confused.....TA

    #1 Posted: 24/8/2009 - 08:00

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  • BruceMoon

    Click here to learn more about BruceMoon
    Joined Travelfish
    27th December, 2008
    Location Australia
    Posts: 1941
    Total reviews: 6

    If you choose to use TC's, I suggest US$ is preferable (most readily exchangeable).

    Cheers

    #2 Posted: 24/8/2009 - 08:41

  • Rufus

    Joined Travelfish
    22nd April, 2007
    Location Laos
    Posts: 950

    I would not use Travellers' cheques. There are plenty of ATMs and I would bring cash as well.

    #3 Posted: 24/8/2009 - 09:19

  • soQQuadro

    Joined Travelfish
    3rd August, 2009
    Posts: 28

    yeah,but I really hate having lots of cash on me.I get paranoid;that's the only reason I would choose the cheques.
    I have an italian issued visa card.It works here in NZ, should be worldwide accepted..or? Bruce what's a TC?

    #4 Posted: 24/8/2009 - 10:16

  • BruceMoon

    Click here to learn more about BruceMoon
    Joined Travelfish
    27th December, 2008
    Location Australia
    Posts: 1941
    Total reviews: 6

    TC - traveller cheque.

    SoQ, remember also that there is NOW a 150baht ATM fee (look here ), in addition to anything YOUR bank (credit card supplier) may impose.

    In case you (don't) want to know 150baht = NZ$6.40.

    But, there WILL also be a charge to cash TC's. (eg look here ).

    And, I suspect kiwi banks will impose a fee to convert NZ$ to US$ to TC (maybe in the order of 3 to 5%).

    - - -

    As for lots of cash (at least big notes), try hiding... Check out this post for ideas.

    Cheers

    #5 Posted: 24/8/2009 - 11:10

  • soQQuadro

    Joined Travelfish
    3rd August, 2009
    Posts: 28

    TC= travel cheque, quite straight forward. I had the brain switched off.
    I'v spoken to the bank and they reckon there will be a charge of roughly $4 NZ, but weren't sure.so there are heaps of things to add up to that...
    mmh. not the bestest option then>
    maybe I'll stick to my italian visa plus bit of cash.

    #6 Posted: 24/8/2009 - 13:05

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