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	<title>Comments on: Never Trust A Money Changer&#8230;</title>
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	<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/</link>
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		<title>By: robert</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-44366</link>
		<dc:creator>robert</dc:creator>
		<pubDate>Fri, 30 Jan 2009 04:57:26 +0000</pubDate>
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		<description>camilla, what happened ? did the money changer cheat you??</description>
		<content:encoded><![CDATA[<p>camilla, what happened ? did the money changer cheat you??</p>
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		<title>By: camilla</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-44349</link>
		<dc:creator>camilla</dc:creator>
		<pubDate>Tue, 27 Jan 2009 07:09:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-44349</guid>
		<description>very useful and love it seem like in singapore some cheat some gift me good value,once this happen in money changer in singapore</description>
		<content:encoded><![CDATA[<p>very useful and love it seem like in singapore some cheat some gift me good value,once this happen in money changer in singapore</p>
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		<title>By: robert</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-44346</link>
		<dc:creator>robert</dc:creator>
		<pubDate>Tue, 27 Jan 2009 01:41:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-44346</guid>
		<description>the bank mandiri in ubud, near the market, gave the best rates...compare but be careful if the rates are high ....atm is much safer and good rates too...</description>
		<content:encoded><![CDATA[<p>the bank mandiri in ubud, near the market, gave the best rates&#8230;compare but be careful if the rates are high &#8230;.atm is much safer and good rates too&#8230;</p>
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		<title>By: visa79</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-44345</link>
		<dc:creator>visa79</dc:creator>
		<pubDate>Mon, 26 Jan 2009 06:43:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-44345</guid>
		<description>I just got cheated in Bali airport.They had 2.5 times lower change rate than should have. Didnt ask for any receipt. Lost 60 euros...

And in lonely planet they said you can trust them..yeah right!</description>
		<content:encoded><![CDATA[<p>I just got cheated in Bali airport.They had 2.5 times lower change rate than should have. Didnt ask for any receipt. Lost 60 euros&#8230;</p>
<p>And in lonely planet they said you can trust them..yeah right!</p>
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		<title>By: Indonesian Rupiah slides further - Expats and Travelers celebrate &#124; nomad4ever</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-43999</link>
		<dc:creator>Indonesian Rupiah slides further - Expats and Travelers celebrate &#124; nomad4ever</dc:creator>
		<pubDate>Sun, 23 Nov 2008 17:01:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-43999</guid>
		<description>[...] Cash with you while traveling in Indonesia, get to an official Bank and exchange them into Rupiah. Avoid Money Changers who publish fantasy [...]</description>
		<content:encoded><![CDATA[<p>[...] Cash with you while traveling in Indonesia, get to an official Bank and exchange them into Rupiah. Avoid Money Changers who publish fantasy [...]</p>
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		<title>By: Living the Good Life in Bali - a Wrap up after 2 Years &#124; nomad4ever</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-43734</link>
		<dc:creator>Living the Good Life in Bali - a Wrap up after 2 Years &#124; nomad4ever</dc:creator>
		<pubDate>Sun, 12 Oct 2008 11:50:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-43734</guid>
		<description>[...] meaning that as a foreigner you are naturally overcharged at almost every day-2-day situation. Cheating Money Changers are best avoided by withdrawing money solely from ATM&#8217;s or exchanging notes in directly in [...]</description>
		<content:encoded><![CDATA[<p>[...] meaning that as a foreigner you are naturally overcharged at almost every day-2-day situation. Cheating Money Changers are best avoided by withdrawing money solely from ATM&#8217;s or exchanging notes in directly in [...]</p>
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		<title>By: wus</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-41833</link>
		<dc:creator>wus</dc:creator>
		<pubDate>Thu, 22 Nov 2007 19:14:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-41833</guid>
		<description>To put this in a perspective, I&#039;d like to add that money changers in various European countries offer exhange rates so bad that they could be called rip offs as well - and there&#039;s nothing you can do about it, because it&#039;s all advertized like this. I hate these just as much as the Kuta small time criminals.</description>
		<content:encoded><![CDATA[<p>To put this in a perspective, I&#8217;d like to add that money changers in various European countries offer exhange rates so bad that they could be called rip offs as well &#8211; and there&#8217;s nothing you can do about it, because it&#8217;s all advertized like this. I hate these just as much as the Kuta small time criminals.</p>
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		<title>By: wus</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-41832</link>
		<dc:creator>wus</dc:creator>
		<pubDate>Thu, 22 Nov 2007 19:05:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-41832</guid>
		<description>very useful tips here, hope that the word spreads so widely that these lousy &#039;businesses&#039; go out of business one not too distant day:-)

You can add to this if you turn the tables and walk out with your money changed at the advertized amount. To do so, take them by their own word - those they advertize. Be very friendly, but determined. Ask them if the rate written on their billboard is correct for today (&quot;please double check, your exchange rate is almost unbelievably good&quot;), and once they confirmed this, continue with asking them if &quot; no commission, no cheat&quot; is also true. 

Some will show you the door at this point, realizing they won&#039;t be able to cheat you, but others will (of course:-) confirm and still try to rip you off. 

Then, as you also write, once they counted out the notes (in my experience they are not necessarily always only small notes), and you counted them, too, say &quot;thank you, see you next time&quot;, and walk out.

They will now want to avoid their loss, and find a newer, unfortunately lower exchange rate, but since you first asked them to double check, you have a good argument that this is now their own fault, and you&#039;re not willing to step back. In some instances it may be useful at this point to give some unclear hint which could be interpreted the way that you might otherwise report it to the police, although you defintely shouldn&#039;t say it clearly. Keep smiling at them all the time. 

If they shout and swear after you when you leave, you weren&#039;t cool enough:-)

I managed to do this once, just to find out if this would work. Of course it wasn&#039;t a big amount, after all I know how poor the guys are. Also, being alone I didn&#039;t want to try my luck too many times.</description>
		<content:encoded><![CDATA[<p>very useful tips here, hope that the word spreads so widely that these lousy &#8216;businesses&#8217; go out of business one not too distant day:-)</p>
<p>You can add to this if you turn the tables and walk out with your money changed at the advertized amount. To do so, take them by their own word &#8211; those they advertize. Be very friendly, but determined. Ask them if the rate written on their billboard is correct for today (&#8221;please double check, your exchange rate is almost unbelievably good&#8221;), and once they confirmed this, continue with asking them if &#8221; no commission, no cheat&#8221; is also true. </p>
<p>Some will show you the door at this point, realizing they won&#8217;t be able to cheat you, but others will (of course:-) confirm and still try to rip you off. </p>
<p>Then, as you also write, once they counted out the notes (in my experience they are not necessarily always only small notes), and you counted them, too, say &#8220;thank you, see you next time&#8221;, and walk out.</p>
<p>They will now want to avoid their loss, and find a newer, unfortunately lower exchange rate, but since you first asked them to double check, you have a good argument that this is now their own fault, and you&#8217;re not willing to step back. In some instances it may be useful at this point to give some unclear hint which could be interpreted the way that you might otherwise report it to the police, although you defintely shouldn&#8217;t say it clearly. Keep smiling at them all the time. </p>
<p>If they shout and swear after you when you leave, you weren&#8217;t cool enough:-)</p>
<p>I managed to do this once, just to find out if this would work. Of course it wasn&#8217;t a big amount, after all I know how poor the guys are. Also, being alone I didn&#8217;t want to try my luck too many times.</p>
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		<title>By: niru</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-38078</link>
		<dc:creator>niru</dc:creator>
		<pubDate>Mon, 22 Oct 2007 19:25:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-38078</guid>
		<description>We were in Bali recently. Useful tips. Some more from me:

1) if you use a debit card from a credit union or cooperative bank, like I did, the ATM fee is waived. even though I used a 7-11 ATM.
2) change money in the airport, even if the rate is not fabulous, you are safe. Always count, of course.
3) we changed in a shop where there was only one clerk and changed only about $20 or so.
4) carry your own small pocket calculator and do your math before anything.</description>
		<content:encoded><![CDATA[<p>We were in Bali recently. Useful tips. Some more from me:</p>
<p>1) if you use a debit card from a credit union or cooperative bank, like I did, the ATM fee is waived. even though I used a 7-11 ATM.<br />
2) change money in the airport, even if the rate is not fabulous, you are safe. Always count, of course.<br />
3) we changed in a shop where there was only one clerk and changed only about $20 or so.<br />
4) carry your own small pocket calculator and do your math before anything.</p>
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		<title>By: The Unlawyer &#187; The Sweet Science</title>
		<link>http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/comment-page-1/#comment-36337</link>
		<dc:creator>The Unlawyer &#187; The Sweet Science</dc:creator>
		<pubDate>Mon, 08 Oct 2007 11:07:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.nomad4ever.com/2007/09/24/never-trust-a-money-changer/#comment-36337</guid>
		<description>[...] Elsewhere, overseas Filipino workers and tourists are often victimized by unscrupulous Philippine money changers, but do you know that this isn&#8217;t a uniquely Filipino crime? Friskodude links to a Nomad4ever entry about their counterparts on the Indonesian island of Bali. Ditto too for Pinoy couples worried about peeping Toms intruding into their motel trysts: Jeepers creepers, your love hotel might be crawling with peepers. [...]</description>
		<content:encoded><![CDATA[<p>[...] Elsewhere, overseas Filipino workers and tourists are often victimized by unscrupulous Philippine money changers, but do you know that this isn&#8217;t a uniquely Filipino crime? Friskodude links to a Nomad4ever entry about their counterparts on the Indonesian island of Bali. Ditto too for Pinoy couples worried about peeping Toms intruding into their motel trysts: Jeepers creepers, your love hotel might be crawling with peepers. [...]</p>
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