Hua Hin Banks
Staff working at Thai banks are generally quite helpful. Banks are open seven days a week. Hours are usually 9am-4:30pm, but some banks have extended hours till 7pm.There are many banks operating in Hua Hin (full list is available at the bottom of the page) offering similar service. All Hua Hin Banks will let you open current and saving account, apply for credit cards and exchange foreign currency.
It is quite difficult to open a current account as Thai banks required a foreigner to meet several requirements:
A non-immigrant Visa
A work permit
Certificate of residence
A current account can be opened with about 10,000Bt deposit at your local bank branch. Once your account is opened you will receive your cheque-book containing personalized cheques. To replace your chequebook once you run out of cheques just present the replacement form found at the back of your current cheque book to your home branch and bank will arrange you a new one. Current account is usually without interest. A statement will be sent to you twice a year so that you can see your transaction movements. You can also request that the Bank provides you with a statement every month.
It is easier to open a savings account. All you have to do is must present the bank with your passport and proof of address such as a electrical bill or cable bill or lease and then make a minimum deposit of 1000 baht. Once account is approved you will be issued an ATM card. You will also get a passbook to keep track of your savings and transactions. You can update your passbook yourself or have it updated by our staff at any branch in Thailand. ATM withdrawals are free of charge at any branch of the bank within Thailand. With a Bangkok Bank savings account, your interest is calculated everyday and deposited every six months.
There are various ways of getting a credit card in Thailand. Each bank will have different rules and regulations. If you have work permit you might get unsecured credit card with a credit line dependent on your monthly income.
Unsecured cards are difficult to obtain without an established work history.
Some banks will offer you options of placing a large deposit with them first or buying bonds that are held. It might be a good idea to visit your local branch and find out what is available.
The unit of Thai currency is the Baht. Paper money comes in the 10 to 1000 baht range, and coins in the 0.25 to 10 baht denominations. All currency now has both western numbers (0-9) and Thai numbers on them.
Thailand has many foreign currency exchanges counters.Try not to use those in hotels, as their rate is always much lower than the real rate of exchange.
There is no black market exchange rate, so you should only exchange money at a bank or similar foreign exchange facility, which give the best rates. All airports in Thailand have currency exchange facilities.
Traveller's cheques are widely accepted, though you should convert them into the local Thai baht at a bank or similar foreign exchange facility. There is not a large difference in value between traveller's cheques and regular money, and you can get a slightly higher rate for traveller's cheques.
There's no limit to the amount of money you can bring into Thailand. However, you can't leave with more than 50,000 baht per person unless you have special authorization. You can carry out any amount of foreign currency, but there are restrictions at banks on how much Thai baht you can convert into foreign currency at one time.
List of Hua Hin Banks:
Bank of Ayudhya
77/20-23 Petchkasem Road, Hua Hin,
Tel: 032-511120, 032-511665
29 Petchkasem Road, Hua Hin,
Tel: 032-511717, 032-511818
34/2 Petchkasem Road, Hua Hin,
Krung Thai Bank
83/2 Petchkasem Road, Hua Hin,
Tel: 032-511812, 032-511307
Siam City Bank
Petchkasem Road, Hua Hin,
Tel: 032 511203
Siam Commercial Bank
7/33 Petchkasem Road, Hua Hin,
62 Petchkasem Road, Hua Hin,
Thai Military Bank
226/2 Petchkasem Road, Hua Hin,
Tel: 032 512500
Government Housing Bank 032 532122
Government Saving Bank 032 532155