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I have had problems with the ATM`s erasing the information in the magnetic-strip on my cards two times. I`ve been warned about using the older machines and stuck to the new ones, but it still happened.
Now I only use the Thai military bank exchange service on the beach-road, near the Immigration office, who have a direct phone-line to Visa.
(You need to bring your passport. A bit akward, but it works.)
Haven`t paid much attention to the exchange-rates, so you might want to check it out first.
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