ninety9 wrote:I want to recommend a moneychanger in PP. Sovann at 69 & 71 Street 136, Psar Tamei , between St. 51 [Pasteur] and 53 St. He does all kinds of currencies and has always given a slightly better rate for non-riel transactions than other shops I tried. He and his crew are dour but scrupulously honest.
He has an ongoing love affair with money and gold. If you check his DNA I’m sure you’ll find he’s a direct descendant of the moneychangers that Jesus kicked out of the temple. Also, when i have a bunch of US cash that I don't want to carry around, I give it to him to hold.
Also, generally, be aware that FOR CASH its better to buy Thai baht and Vietnam dong in PP than in Thailand or Vietnam if you go to a good moneychanger. Also, if you want to buy currencies other than baht, do not do so in Thailand. I believe Thai law forces banks and moneychangers to convert all currencies to baht first and then to the desired currency [2 conversions], which gives the buyer a distinctly lower net rate. [e.g. avoid buying US dollars for euros in Thailand].
And your friend Sovann doesn't do it in two steps?