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BigJohnnyBKK

Avoiding The 150B Atm Fee

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BigJohnnyBKK    1,273

Looks like a decent starting-point resource: Link

Those with knowledge of those banks for various "home" countries that refund the fee should probably pitch in for those googling later on.

e.g. Charles Schwab in the US.

keywords - banks, banking, ATM, fees, exchange

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farang000999    1,893

just get a thai bkk bank account. you will get a better rate for your transfers which as an american can be made via the ach system.

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BigJohnnyBKK    1,273

just get a thai bkk bank account. you will get a better rate for your transfers which as an american can be made via the ach system.

For the sake of inbound travelers, not expats. . .

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mrjohn    96

Not sure if this helps, but there are no fees for cash withdrawals using a foreign card inside a bank, over the counter.

You will, however, need your passport and 5-10 or 20 minutes or so to do the transaction.

You can also do this at exchange booths (which tend to be quicker) as well as the bank branches in all the big shopping malls which are open longer hours.

Apart from paying no fee, the other advantage is that you can also withdraw larger amounts, whereas ATM’s are usually limited to 10,000 bht a time.

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YipYipYa123    324

Not sure if this helps, but there are no fees for cash withdrawals using a foreign card inside a bank, over the counter.

You will, however, need your passport and 5-10 or 20 minutes or so to do the transaction.

You can also do this at exchange booths (which tend to be quicker) as well as the bank branches in all the big shopping malls which are open longer hours.

Apart from paying no fee, the other advantage is that you can also withdraw larger amounts, whereas ATM’s are usually limited to 10,000 bht a time.

its 20k now in all the banks i use

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inthepink    432

The limit is often down to your home bank. For example I can only withdraw £300 a day but I'm sure I've heard of people taking out 50k baht with a credit card..

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JusMe    298

AEON - no 150 baht fee, and limit is 40k baht

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BigJohnnyBKK    1,273

I've put in a link back to here for readers of that site to get these excellent tips here.

Still looking for other Charles Schwab like deals where the home bank let you use any ATM with no fees internationally, especially from the UK and down under. Or maybe there just aren't any?

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KhunBENQ    6,590

AEON ATMs can technically pay 100000 Baht (100 notes).

I yesterday withdrew 90000 (the limit is from my visa card).

No fee of course.

On these withdrawls AEON only pays multiples of 1000 Baht (from my experience, don't have a source of proof).

The german bank that I use would reimburse the fees of other banks on request, but I simply want to avoid the effort, so stick to AEON as long as it is free.

Exchange rate for european Visa Plus cards can be found here:

http://www.visaeurope.com/en/cardholders/exchange_rates.aspx

("conversion fee" depends on issuing bank, mine is 0).

US customers:

http://corporate.visa.com/pd/consumer_services/consumer_ex_rates.jsp?src=ex_rez

Limit of 10000 is nonsense.

20000 or 25000 limit is true for some banks due to technical limitation of the ATMs (simply the "mouth ist too small").

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geriatrickid    14,051

Not sure if this helps, but there are no fees for cash withdrawals using a foreign card inside a bank, over the counter.

You will, however, need your passport and 5-10 or 20 minutes or so to do the transaction.

You can also do this at exchange booths (which tend to be quicker) as well as the bank branches in all the big shopping malls which are open longer hours.

Apart from paying no fee, the other advantage is that you can also withdraw larger amounts, whereas ATM’s are usually limited to 10,000 bht a time.

Huh? Most ATMS allow 20,000 and Bangkok Bank is 25,000.

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meand    259

just get a thai bkk bank account. you will get a better rate for your transfers which as an american can be made via the ach system.

For the sake of inbound travelers, not expats. . .

Nice link.

It is also noteworthy for travelers that capitol one credit cards doesn't charge you points internationally. So travelers could use that option as much as possible. To me this is modern day war.... give the banks an inch and they will make you pay. Discussions like this help us fight back, and most importantly to not give in to these charges, which is what the banks want of course. And the more you do give in, the more they will charge you.

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Soutpeel    17,184

AEON - no 150 baht fee, and limit is 40k baht

THB 150 correct...but limit ? Single transaction or daily limit....? as I have withdrawn 80k at AEON ATMS

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KhunBENQ    6,590

Please read my post above!

The technical limit is 100k.

As Soutpeel I have done 80k to 90k on multilpe occasions (like yesterday).

Today I will try 98k which results from my card's daily limit of 2500 Euro.

(rate today is 1 THB = 0.025282 EUR -> 39.554 Euro/Baht).

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pattayadingo    1,162

I now use change booths all the time and I am getting a good rate with no 150 Baht fee. Credit card, passport and address needed.

In fact the other day the listed rate at the booth was 48.61 and I was actually given 48.7 when I checked my on-line statement.

As an aside I now use Halifax Clarity CC because there are no charges for withdrawing money abroad. I'm quids in all round now.

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BANGKOK 19 September 2017 18:31
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