How do you choose the best currency exchange office? Where is the best place to exchange money in Thailand? These are important questions if you’re planning to visit the Kingdom. After all, the exchange office you choose will determine how quickly, safely, and favorably you can buy baht.
At the request of our blog readers, we’ve compared two currency exchange offices in Thailand: Senate Exchange and T.T. Currency Exchange. Check out our review to make the right choice.
| Criteria | Senate Exchange | T.T. Currency Exchange |
| Year founded | 2016 | 2019 |
| License availability | Yes (MC125660019) | No information available |
| Website interface | Russian language, user-friendly interface | English, partial Russian translation |
| Exchange rates | Best rates, discounts for large amounts | Similar to competitors, no discounts |
| Reliability | Many positive reviews | Few reviews |
| Exchange methods | Offline, online, courier delivery, ATMs, cryptocurrency | Offline, online reservation |
| Locations | Bangkok, Pattaya, Phuket, other regions | Pattaya only |
| Security | Secure chats, confidentiality, no hidden fees | No license information, no fee transparency |
| Customer support | Fast support via Telegram, WhatsApp | Email, Facebook, phone (no response received) |
| Promotions and bonuses | Best rates, discounts for large amounts | No information |
| Additional services | Real estate payments, account opening, visa support, excursions, legal консультации, affiliate program (30%) | Safe deposit box rental (deposit 2,000 THB) |
Currency exchange is a pressing concern for travelers in Thailand, as the only currency accepted in the Kingdom is the baht.
When choosing an exchange service, They should consider the following factors:
Since many questions arise during currency exchange, customer support
To identify their strengths and weaknesses, we tested the services of two popular currency exchange companies. Senate Exchange has been in operation since 2016, while T.T. Currency Exchange has been operating since 2019. Their considerable experience suggests that their exchange processes are well-established. To find out how this actually holds up, read our review comparing exchange rates, website interfaces, and other criteria.
A huge plus for Senate Exchange is that its website is available in Russian. Moreover, it features a well-designed interface and isn’t overloaded with unnecessary information. All the site’s functions are as simple as possible—you need to select the currency, choose where to receive the money, and click the “Exchange on WhatsApp” or “Exchange on Telegram” button.
You can also check current exchange rates on the Senate Exchange website.
Thai Baht/Russian Ruble฿0.445
Thai Baht/US Dollar฿32.666
Thai Baht/Euro฿38.041
Thai Baht/Kazakhstani Tenge฿0.067
Thai Baht/Ukrainian Hryvnia฿0.736The system only translates some of the content. We had to use Google Translate to review all the information on the website.
Overall, the T.T. Currency website is informative; its only active feature is the currency converter. Users can view exchange rates, contact information, and branch locations.
Comparing currency exchange rates is the first thing you should do when choosing an exchange office. Otherwise, you could lose a significant amount of money on an unfavorable deal.
Senate Exchange offers the best currency exchange rates in Bangkok, Pattaya, Phuket, and other parts of Thailand. What’s more, the rate is adjusted based on the amount you’re exchanging. The more money you exchange, the better the rate you get.
At T.T. Currency, exchange rates are roughly the same as competitors’. However, there are no discounts available for exchanging large amounts.
Senate Exchange operates under license MC125660019 issued by a Thai bank, which guarantees the reliability of the service. We found many positive reviews about the exchange on independent platforms.
There is no information about a license on the T.T. Currency Exchange website. We assume the company has a license, as it has been in operation since 2019.
There are almost no user reviews of the exchange—we found only one review on Yandex Maps.
At Senate Exchange, you can exchange currency both in person and online. You can visit an exchange office, have cash delivered by courier to your desired address at any time of day, or withdraw cash from an ATM. Importantly, the exchange also handles cryptocurrency.
All communication takes place via Telegram or WhatsApp. Conveniently, they’ll let you know right away how much cash you’ll receive. All you have to do is follow the support representative’s instructions.
At T.T. Currency Exchange, you can only get cash at exchange locations in Pattaya.
Senate Exchange locations are in Bangkok, Pattaya, and Phuket. Location doesn’t matter, because you can receive cash via courier, at an ATM near you, or via transfer to a Thai bank card. This means you don’t have to search for the best place to exchange currency. You can receive cash at the specified address or directly into your Thai bank account.
T.T. Currency exchange offices are located only in Pattaya. If you are vacationing in other parts of Thailand, it will be difficult to use their services.
A valid license (MC125660019) issued by a Thai bank, secure chat communications, and 100% confidentiality of user information guarantee the security of your transactions with Senate Exchange.
There are no commissions or hidden fees. Before exchanging money, they will immediately calculate exactly how much cash you will receive.
At the best currency exchange locations, they will immediately tell you how much cash you will receive. Information about T.T. Currency Exchange’s license is not publicly available. All claims regarding the absence of commissions and fees are listed in the FAQ section. Therefore
You can contact Senate Exchange support via Telegram or WhatsApp. While preparing this article, we messaged the support chat and received an instant reply from a bot. Three minutes later, a support agent joined the conversation. All communication is in Russian.
At T.T. Currency, communicating with customer support is more complicated. You can email hello@ttexchange.com, message them on Facebook, or call a Thai phone number. Since we are in Russia and are currently just planning our vacation, we sent an email. We waited until the evening for a reply, but never received one.
Senate Exchange offers better exchange rates than its competitors. If a user can provide proof that another exchange offers a more favorable rate, they will immediately be offered a better exchange option.
Moreover, it is advantageous to exchange large amounts at Senate Exchange. The larger the amount, the better the exchange rate.
We did not find any bonus offers on the T.T. Currency website. They may be available. You should check by phone or email.
Senate Exchange offers additional services through its affiliate programs:
Plus, you can earn money with Senate Exchange. The company pays 30% of the profit from transactions made by people you refer.
At T.T. Currency, you can rent a safe deposit box to store documents and valuables. To use this service, you need to leave a 2,000 baht deposit.
We compared the currency exchange services of Senate Exchange and T.T. Currency Exchange. We concluded that working with Senate Exchange is more convenient and profitable. Compared to its competitor, it’s easier to exchange currency here in Pattaya, Bangkok, Phuket, and other parts of Thailand.
Which currency exchange to choose is entirely up to you. Ask questions and share your experiences in the comments below the article. Your opinion is valuable to tourists looking for advice on how to choose a safe exchange and where to exchange currency profitably in Thailand.