The 7 Largest Currency Exchange Service in Vientiane

Laos, a landlocked country in Southeast Asia, has witnessed a surge in currency exchange services catering to the growing tourism industry and international trade. These services play a crucial role in facilitating the conversion of foreign currencies into the local currency, the Lao kip (LAK). Here are five of the largest currency exchange services in Laos:

• Bank of the Lao PDR (BOL):

The central bank of Laos, the Bank of the Lao PDR, operates a network of currency exchange booths at its headquarters in Vientiane and its branches throughout the country. BOL offers competitive exchange rates and a wide range of foreign currencies, making it a reliable option for currency exchange.

• Lao Development Bank (LDB):

A state-owned commercial bank, the Lao Development Bank, provides currency exchange services at its branches across Laos. LDB is known for its extensive network and convenient locations, making it easily accessible to both locals and visitors.

• BCEL Currency Exchange:

A subsidiary of the Banque pour le Commerce Extérieur Lao (BCEL), BCEL Currency Exchange operates dedicated currency exchange counters at major border crossings and international airports in Laos. BCEL offers a wide range of foreign currencies and competitive exchange rates, catering to the needs of travelers and traders.

• ANZ Lao Bank:

A leading international bank with a presence in Laos, ANZ Lao Bank provides currency exchange services at its branches in Vientiane and other major cities. ANZ Lao Bank is known for its strong reputation, secure banking practices, and competitive exchange rates, making it a preferred choice for businesses and individuals.

• Western Union:

A global money transfer and currency exchange company, Western Union has a well-established network of agents and partner banks in Laos. Western Union offers convenient and reliable currency exchange services, enabling customers to send and receive money in different currencies quickly and easily.

These five currency exchange services play a vital role in facilitating financial transactions in Laos, supporting the country’s economic growth and international trade. They provide a secure and efficient means for individuals and businesses to exchange currencies, contributing to the smooth functioning of the financial system.

The 7 Biggest Currency Exchange Service near Vientiane

Khamsy money exchange

• Address: XJ87+HWJ, Saylom Rd, Vientiane, Laos
• Map: Click here
• Rating: 4 (42)
• Opening hours:
  
  Monday: 8:00 AM – 6:00 PM

  Tuesday: 8:00 AM – 6:00 PM

  Wednesday: 8:00 AM – 6:00 PM

  Thursday: 8:00 AM – 6:00 PM

  Friday: 8:00 AM – 6:00 PM

  Saturday: 8:00 AM – 5:00 PM

  Sunday: 8:00 AM – 5:00 PM
• Reviews:
  
  Paul Anderson✭✭✭✭✭

  a month ago

  I was there today, and it’s true I didn’t see it open however my five stars is to the women sitting nearby. She was very helpful and gave good exchange rate for my dollars to kip. So, my five stars are not to the Khamsy money exchange but to the woman sitting close by.

  Keelan Greenough✭✭✭✭✭

  in the last week

  Same deal, there was a women wandering outside who was exchanging money for a great rate, seperate to the actual shop front. On the 26th of January, we got 22,000 KIP for 1 USD.

  Por Moua✭✭✭✭✭

  4 weeks ago

  Don’t expect a booth. Theres a lady nearby that will approach you and ask if you want to exchange cash. As of 01/03/2024 the rate I was given was 21,500 kip per $1 USD which I thought was good since the online rate on Google stated only 20,500 kip per $1 USD. The lady was very friendly and I had no issue exchanging cash.

  Chuiya M✭✭✭✭✭

  a month ago

  Went here for money exchange. No physical office. Some women were there and spotted us. Had an exchange rate of 1US-23200 lak on the 12/12/2023.

  Klaus Dittmer✭

  3 months ago

  Apparently not operating any more. Was there on Oct. 14, 2023 at 2pm. Shutter is drawn and a handwritten notice “closed” is pasted on it. No further info as to when it may open again (if at all)