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-   -   Thai Banks to Start Charging ATM Fees (https://www.fodors.com/community/asia/thai-banks-to-start-charging-atm-fees-777536/)

MichaelBKK Apr 7th, 2009 12:42 AM

Thai Banks to Start Charging ATM Fees
 
Sorry guys, but as of 17 April 2009, most Thai banks will start charging a 150 Baht fee for using a foreign ATM card in Thailand. This affects all banks that are members of the Thai ATM Pool, which is just about all of them.

It doesn't matter if your bank advertises their ATM as free of charges, this fee will be tacked on to the amount you withdraw when the charge is made to your bank.

This is really bad if your bank already has high fees for using your ATM outside the country. For example, B of A already charges $5 plus exchange charges for foreign ATM usage. Now you'll pay almost another $5 on top of that.

Kathie Apr 7th, 2009 05:20 AM

It will be interesting to me to see how this works. My bank will reimburse fees charged by banks for the use of the ATM, but I know there are some limitations. 150 baht is a steep fee.

I may have to go to carrying cash.

rhkkmk Apr 7th, 2009 05:49 AM

that's too bad, but it is a small price to pay for such a wonderful place....two of my accounts will reimburse me for the fees also....

Craig Apr 7th, 2009 05:58 AM

Hmmm - just in time for us - we arrive on the 20th. Read the fine print - it is likely that your bank will only reimburse you for domestic ATM charges.

Mango7 Apr 7th, 2009 09:27 AM

Thank you, Michael

rhkkmk Apr 7th, 2009 09:29 AM

craig---your employer, morgan stanley, reimburses me for all my atm transactions...

Travelanytime Apr 11th, 2009 11:29 PM

I am going to Bangkok at the end of the month. This is the firat time I hear about the Thai banks will be charging ATM fee for travelers. Can someone give a list of US banks that will reimburses atm transactions charges??
Thanks

Craig Apr 12th, 2009 12:45 AM

Well, according to Bob (rhkkmk), my future employer Morgan Stanley (after they merge with Smith Barney) will reimburse the fees if you have a brokerage account with checking/debit card privileges.

MichaelBKK Apr 12th, 2009 01:57 AM

Travelanytime - you always hear it first here on Fodors - unless you follow the right people on Twitter.


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