CopyTrade Brokers - EXNESS

Traveller's cheques in Thailand

In May I'll be going to Thailand for about a month and plan on a budget of $1500 CAD/around $50 CAD/day.
I first thought of bringing $600/700 CAD in cash and then make one ATM withdraw of ~$800 CAD = 20000 baht. The downside to this method is that I will be carrying A LOT of money at once and the ATM withdraw will cost me about $35 CAD with the forex fee, and both Thai and home bank fees.
I've read that most banks in Thailand accept AmEx travellers cheques, so my other method would be $500 CAD cash and two $500 AmEx travellers cheques. This would mean that I won't be carrying as much money at one time and possiblty save on fees, if I understand them correctly..
This brings me to my questions about travellers cheques: - What are the fees involved? Is it only the 153 baht fee, or is there a forex fee charged like ATMs? If the bank charges a commission, does anyone know approximately how much this is. - Are the banks that accept them readily available all over Thailand (outside of Bangkok)? I.e. Chiang Mai, Pai, Khao San National park and the islands. - Will banks even accept them in the $500 CAD denominations?
Any help is greatly appreciated!
submitted by davisld8 to ThailandTourism [link] [comments]

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