Genericnic

ATM fees on the rise

215 posts in this topic

Just now, lkn said:

For my last bank transfer, the commission was 0.034% and the rate was 0.076% lower than the day’s average (but higher than the day’s low).

 

So compared to the day’s average rate with no commision, I lost 0.11% on the transfer.

 

Sounds like you’re dealing with rather low amounts to arrive at a 5-10% commission.

What bank you with?

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11 minutes ago, Bikeman93 said:

What bank you with?

Hmmm?.....Thought as much

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5 hours ago, Bikeman93 said:

What bank you with?

This was Krungthai, for amounts larger than $10,000 baht, I generally get pretty close to the market rate.

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ID: 214   Posted (edited)

Just now, lkn said:

This was Krungthai, for amounts larger than $10,000 baht, I generally get pretty close to the market rate.

What currency is deposited? Their commissions seem to vary widely between currencies (0.8% for USD, 2.5% GBP & AUD commission).

Edited by Bikeman93
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ID: 215   Posted (edited)

Aussie banks sting you with lousy exchange rate and transaction fees, on top of the local fees regardless of the amount. I think the worst in the world for this.

Edited by Bikeman93
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BANGKOK 27 July 2017 01:58
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