Southeast Asia forum

USD OR STERLING TRAVELLERS CHEQUES?

  • dazm26

    Joined Travelfish
    28th September, 2007
    Posts: 19

    Hi folkes,

    Just a quick question but whats best to take, USD or Sterling travellers cheques to change in SE ASIA, im going to Vietnam, Cambodia, Thailand, Malaysia and Singapore!

    Thankyou

    Daz

    #1 Posted: 31/1/2008 - 00:33

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  • exacto

    Joined Travelfish
    12th February, 2006
    Location United States
    Posts: 2360
    Total reviews: 47
    Places visited:
    At least 98

    Hi Daz!

    I'd just take whichever denomination was easiest to get, which, since I'm guessing you are in the UK, means Sterling. I've typically travelled with USD-denominated TC's, but that is only because they were easier to get where I was at any given time. Even so, from my observations, people typically don't have any trouble exchanging Sterling in the places you'll be travelling.

    Since you'll already be losing a bit of money in the exchange from TC's to local currency, I don't see much reason to exchange your money into USD just to change it into something else.

    I usually travel with less than 10% of my travel budget in TC's anyway, carrying a bit of cash as well and typically drawing the rest from ATM's during my trip. As long as you have an ATM card with a 4-digit PIN code, you should be able to do the same, particularly since the places you'll be visiting have well-developed ATM networks. (Check with your bank for network availability and fees.)

    Hopefully someone with experience travelling with Sterling-denominated checks will chime in here too.

    Cheers.

    #2 Posted: 31/1/2008 - 10:51

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