In Reply to: You can lose near 20% with TC exchanges posted by shunnis on Sunday, 30. January 2011 at 10:49 Bali Time:
not from Aust. All travellers to Bali should use their home currency whether it be cash or TCs. But, if Australian, there are many banks which sell their TCs free of charge to own customers without any special exchange rate The official rate you see quoted is not the rate you will get at any bank or other institution. and depending on where TCs are cashed, the difference between cash and TCs is minimal. I have never seen a difference of 10% as you quoted.