Directory A–Z - Vietnam, Cambodia, Laos and Northern Thailand - page 1041

MAKING YOUR MONEY GO FURTHER
Many parts of the Mekong region remain mired in poverty. Support local businesses by buying locally
made products. Eat in local restaurants where possible and dine in villages rather than taking picnics
from town. Use local guides for remote regions, including indigenous minority peoples. Consider the
option of homestays where they are available and support national park programs by visiting one of
the many protected areas in the region.
When bargaining for goods or transport, remember the aim is not to get the lowest possible price,
but one that's acceptable to both you and the seller. Coming on too strong or arguing over a few cents
does nothing to foster positive feelings towards foreign visitors. Don't ask the price unless you're in-
terested in actually buying it. If you become angry or visibly frustrated then you've lost the bargaining
game.
Begging is common in many countries of the region and the tug on the shirtsleeve can become tire-
some for visitors after a time. However, try to remember that many of these countries have little in the
way of a social-security net. It is best to keep denominations small to avoid foreigners becoming even
more of a target than they already are. Avoid giving money to children, as it is likely going straight to
a 'begging pimp' or family member. Food is an option, but better still is to make a donation to one of
the many local organisations trying to assist in the battle against poverty.
ATMs
» In most large cities ATMs are widespread, but most charge at least US$3 per transaction, with withdrawal
limits of about US$250 per withdrawal. Some banks offer free withdrawals.
» Banks back home charge for withdrawals overseas, so get some sort of premium account that negates such
charges.
Credit Cards
Credit cards are widely accepted in the region. Thailand leads the way, where almost anything can be paid
for with plastic. However, things dry up beyond major tourist centres or bigger towns, so don't rely exclus-
ively on credit cards.
It is quite common for the business to pass on the commission (usually 3%) to the customer in Cambodia,
Laos and Vietnam, so check if there is an additional charge before putting it on the plastic. Also check your
monthly bills carefully in case some scamster clones your card while you are paying for something on your
travels.
Exchanging Money
The US dollar is the currency of choice in the Mekong region. It is widely accepted as cash in Cambodia,
Laos and Vietnam, and can be easily exchanged in Thailand. Other major currencies are also widely accep-
ted by banks and exchange bureaus, but the rates get worse the further you are from a major city. The Thai
baht is also accepted throughout Laos and in parts of western Cambodia.