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The currency of Thailand is the Baht, with one Baht equalling 100 satang. Notes come in denominations of Bt1000, 500, 100, 50, 20 and 10. Coins are in denominations of Bt10, 5 and 1, as well as 50 and 25 satang. A great deal of commemorative coins are also used as legal tender. Money can be exchanged easily at banks, hotels and bureau de changes. Traveller’s cheques are accepted, though to avoid additional conversion charges they should be in US Dollars, Euros or Pounds Sterling. ATMs are available, and major international credit and debit cards are accepted. See: Visa: http://www.visa.com/atms/ MasterCard: http://www.mastercard.com/cardholderservices/atm The import and export of domestic currency is limited to Bt50,000 per person. The import and export of foreign currency is unlimited. Business: General banking hours in most areas are from 0930 to 1530 Mondays to Fridays. Shopping hours are generally from 1000 to 2100, Mondays to Sundays, with department stores tending to open longer hours. Thai customs come from many centuries of cultural influences, and the mix is an interesting one. Westerners will generally be greeted with a handshake, though Buddhist monks are always greeted with closed hands and a slight bow of the head. It is considered rude to point one’s feet at another person or touch their head, and shoes should be removed before entering homes. Public displays of affection or anger are frowned upon. The Thai royal family are highly revered, and respect should be shown to avoid upset. Suits are not generally expected of formal affairs, though they may be apt for business encounters. Service charges are added to bills most of the time, and taxi drivers are not usually tipped.
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