zeekgarcia

After a Fidelity csr told me that there would be no fees for an over the counter withdraw and that Fidelity only charges a 1% fee for using the debit card to make purchases, I did an over the counter withdraw at a Thai bank using my Fidelity Visa Debit/atm card. But now I found out that Fidelity does charge a 1% fee of over the counter withdraw from the following.

On Oct 5 at 18:11 I did an over counter withdraw at a Thai bank but in my Fidelity account it posted Oct 7

Then on Oct 5 at 18:26 I did an atm withdraw at Aeon with the same card but in my Fidelity account it posted Oct 7

The exchange rate for the over counter withdraw is 30.89 = a 1% fee.

the exchange rate for the atm withdraw is 31.20

*I came to this exchange rate by taking the amount of baht received and dividing it by the amount of $ deducted from my account. Then I checked it using the usa visa webpage.

From the visa usa webpage the visa exchange rate for

Oct 5 - 1 Thai Baht = 0.032048 United States Dollar

Oct 7 - 1 Thai Baht = 0.032048 United States Dollar

So then 1/ 0.032048 = 31.20 exchange rate

1 Thai Baht = 0.032368 United States Dollar with a 1% fee

1/ 0.032368= 30.89

Am I right in thinking that I could of used Bangkok Banks Ach service from the USA for cheaper?

Because this over the counter withdraw cost me almost $25 for almost $2,500.

Is there any good body car repair shops near Big C/Lotus hang dong area?

Or any I do not need to tell my friend to go to?

For those that have a truck, does your truck insurance cover people riding in the back of your truck in case you have an accident?

Thanks for your time

Are there any Thai or English websites with cars for sale mostly in the Chiang Mai area?

Are there any Thai or English papers or magazines with cars for sale mostly in the Chiang Mai area?

thanks

I have a Canon MP568 printer that does not have external tanks. I have only used the canon replacement ink cartridges

but when I print color photos there are lines in it. I have replaced the cartridges, did the cleaning etc but still has lines when I print color photos etc.

So can anyone recommend a printer repair person here in CM?

Also these color cartridges run out of ink fast but I hardly print in color, can these inks evaporate?

I have asked two places if they can refill the cartridges but they said they cannot. The printer uses the 820 black cartridge and the 821 color cartridges. Anyone know of anywhere that can refill them?

Plus does every color printer use the color ink even when you print in black?

Once I found this out I started using the gray scale setting when printing only in black.

Remember their have been multiple documented cases of foreigners suing their ex wifes and winning to get the money he paid for house back in his bank account. Problem with this forum is that no one checks Thai law, which clearly states that the person that paid for the house, is the one who has the right to it, of the proceeds of its sale.

I personally know of 5 cases where a judge has ordered the house sold and the proceeds given to the foreigner who paid for it. Even in one case, the judge clawing back the assets of the ex wife to pay the foreigner. Actually in all law schools in Thailand, there is a documented test case that all lawyers must study that shows how the person who purchases the property (a Thai female owner and a male foreigner buyer in the case) is not necessarily the sole owner of the said property, if that person did not pay with their money. This is regardless of you signing a document that says it was not your money on the day of land purchase. Banking documents prove otherwise!

You would have no idea how pissed off the Thai wife becomes when the court orders her to sell her house and give all the money back to the ex husband!

Don't believe all the BS coming from barstools!

This is very good information to know but can you separate yourself from the barstools and list where to find these multiple documented cases?

Anyone ever used Chiang Mai insurance brokers at chiangmaiinsurance.com?

Ever had a claim and needed their help?

How was their service?

After Korat/Isaan area flooded in 2010 and central thailand flooded in 2011 both times I read later in the news that they opened the dams to release water because they had too much water in the dams. So it seems that they do it on purpose so some people can benefit from the floods. Everyone knows that the heavy rains come mostly during the rainy season. And with some research we should be able to know on a 20-50 year average how much rain fall each region receives during the rainy season and on average how much water each region uses during the dry season, so why do they not start draining the dams to a certain level before the rainy season gets here to accommodate the 20-50 yearly average rainfall amount?

Then would this not enable the dams to hold alot of the rain fall that comes during the yearly rainy season?

The info you want is here--every province is included: http://www.tmd.go.th/en/province_stat.php?StationNumber=48501

Since the data is available it can be done but then some may not get a flood time bonus.

Problem is if they let out too much water before the rainy season and there is not enough rain the farmers who are important to the ruling party will complain.

To be safe they could just add some % to the historical amount of water they need to keep in the dams, in case the rainfall does not reach the 20-50 year average. Which more than likely would cover this situation.

I had a bit of a drive around Chantaburi today, thankfully not much rain today, but the water levels are high in a in the rivers, and one near PloySiam has burst it's banks. If there is more heavy rain in the next 48 hours, there'll be further problems. Took these photos from one of the coffee shops on the river next to Robinsons, you can see how high the water is, as it's right up to the balconies, and on the far side has flooded out some riverside housing.

No mention anywhere as to the positions / water levels in the dams ...????

I think they have opened some dams, but not sure. Water was moving fast downstream today. Lets see what tomorrow brings.

After Korat/Isaan area flooded in 2010 and central thailand flooded in 2011 both times I read later in the news that they opened the dams to release water because they had too much water in the dams. So it seems that they do it on purpose so some people can benefit from the floods. Everyone knows that the heavy rains come mostly during the rainy season. And with some research we should be able to know on a 20-50 year average how much rain fall each region receives during the rainy season and on average how much water each region uses during the dry season, so why do they not start draining the dams to a certain level before the rainy season gets here to accommodate the 20-50 yearly average rainfall amount?

Then would this not enable the dams to hold alot of the rain fall that comes during the yearly rainy season?

Are alot of people off work Monday & Tuesday for the holiday?

Do alot of people travel to back home or to other jangwats during this Holiday?

If you know alot of people traveling when will most of them travel back home?

Or do most people stay in their normal local area?

Have alot of people left Bangkok because of this present weekend/holiday?

When is the most likely time these people will be returning back to Bangkok?

Thanks

You can setup an automatic monthly direct debit to your bank account to pay your water bill, but you can't log onto to your bank ibanking, take some reference/barcode numbers off the bill, and pay it that way.

See the PWS bill payment webpage for more info.

I use Bangkok bank and pay for electricity and True visions by direct debit.

I was wondering if you can do it through a Thai bank's online banking and not by direct debit because of various things that could possibly happen.

Is there any Thai online banking where you can pay a pwa water bill or an electric bill outside of bangkok that is from gaan fay faa suan phuu mi phad ?

This is a chiang mai electric bill.

I saw this post #15 but I have not found anyone else talk about it and its about a year old. http://www.thaivisa.com/forum/topic/569317-pay-bills-online-with-bangkok-bank/?p=5480942&hl=pay+bill

Zeek, so, if I'm following your latest post correctly, you seem to have calculated that your Fidelity VISA card ATM withdrawal on July 12 produced pretty much exactly what the VISA network rate for that day was.

In other words, no foreign currency fee deducted -- despite Fidelity's website language to the contrary. Which is what others here had advised you to expect.

Yes you are right!

One interesting thing when I called the card service company that services the atm cards for Fidelity to tell them that I would be using the card in Thailand was the card service company csr said that if I use the visa atm card to make a purchase then I would be charged the 1% visa fee.

So this may bring up an interesting point that if you are talking to a bank csr about a atm card or debit card or credit card maybe ask if the bank directly services the card or do they use a service company and then call the service company and see what they you also about the card. To see if things add up.

For me, among the three, the BKK Bank online bill paying has been the best experience. Clear and pretty easy to use. And most importantly, they seem to be set up to handle online bill pay for all of the various Thai utilities, mobilie carriers, Internet providers, etc etc that I need/want to pay each month.

Are you saying that in BB online you can find your Thai utilities providers listed already in the list of companies you can pay online and then pay your bill ike for electric and water?

Or did you get forms from BB and take them to your Thai utilities to get it setup where your bill amount would be automatically deducted each month?

Has anyone ever lived at one place and had your Utilities automatically deducted each month from your Thai bank account and then moved to new place, how did you get the auto payments for your old place stopped?

How long did that take and were there any auto deductions taken from your Thai bank that was not suppose to be because you already moved from the old place?

Jim and Pib... thanks for watching my back... and helping the math challenged among us.... It is a good reminder though regarding using the VISA website to calculate their rate... as it doesn't directly provide the rate (XX.XX THB per $1) we're looking for... We have to do the inverse calculation, which I failed to do...

So just to be clear on the correct methodology for looking at U.S issued VISA bankcards... we're going to the VISA US exchange rates site,

Once there, in the fill-in form, we're choosing "My Card is in US $" and "My Transaction was in Thai Baht." Choosing the date of the transaction and entering in the card-issuing bank fee %, if any. Getting results of "1 Thai Baht = 0.03XXXX United States Dollar" type. Then using a calculator to get the inverse number by entering the digit "1" and then dividing that by the 0.03XXXX number to get the rate for XX.XX baht per $1.

Ok everyone I used my fidelity visa atm card at bangkok bank and I am not coming up with the exchange rate on the visa us exchange rate site following the above instructions from post 350.

Fidelity website says my atm withdraw was on July 15 for $37.12 total. I withdrew 1k thb + 150 thb fee = 1,150 thb

Visa US says 1 Thai Baht = 0.032265 USD

1 / 0.032265 = 30.993336 < Would this be the VISA USD to THB exchange rate according to the instructions above?

Now when I take the 1,150 THB * 0.032265 = $37.10475 USD < This is .02 US cent less than the $37.12 that was take from my fidelity account. << So does this mean that I was not given the visa exchange rate or that Fidelity is charging a fee?

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would this calculation be correct if I took the total Baht 1,150 / total USD from my account $37.12 = exchange rate 30.980603 ?????

Because $37.12 * 30.980603 = 1,150 THB

Because when I take the 150 THB atm fee / 30.980603 = $4.84 which is exactly what Fidelity refunded back into my account as the atm fee.

Thanks for your help

Ok I just used internet explorer to looked up the exchange rate for July 12 and US visa page says 1 THB = 0.032276 USD

1 / 0.032276 = 30.982773 visa exchange rate = 30.98

To find out what exchange rate you are receiving simply take the total Baht and divide it by the total USD to equal the exchange rate.

THB 1,150 / total USD from your US bank account $37.12 = 30.980603 exchange rate = 30.98

Then check the visa website and compare the exchange rates.

To find out if you are getting the visa exchange rate look up the visa exchange rate http://usa.visa.com/personal/using_visa/consumer_ex_rates_us.jsp (Ex 1 THB = 0.032276)

Then take your total baht expense and * it by the visa exchange rate.

1,150 THB * .032276 = $37.1174 = $37.12 < this is what was taken from my US account.

If the USD amount taken from your US bank account is more than your result (Ex. $37.12) then you are either not getting the visa exchange rate or there are hidden fees in the amount.

If the USD amount is less than your result (Ex. $37.12) then you are getting a better exchange rate than the visa rate.

Try using a different browser, and/or make sure you have Adobe Flash enabled on your device.

When I go to that webpage and click the "Date Requested" text box with my mouse, it brings up a month calendar pop-up that allows you to select any prior date and even a prior month. It doesn't look like you can manually type in a different date.

I was using google chrome but it would not work so I tried IE and it worked thanks

I went to http://usa.visa.com/personal/using_visa/consumer_ex_rates_us.jsp but it is not letting me change the date requested from today's date so is there a historical visa exchange rates page somewhere?

Jim and Pib... thanks for watching my back... and helping the math challenged among us.... It is a good reminder though regarding using the VISA website to calculate their rate... as it doesn't directly provide the rate (XX.XX THB per $1) we're looking for... We have to do the inverse calculation, which I failed to do...

So just to be clear on the correct methodology for looking at U.S issued VISA bankcards... we're going to the VISA US exchange rates site,

Once there, in the fill-in form, we're choosing "My Card is in US $" and "My Transaction was in Thai Baht." Choosing the date of the transaction and entering in the card-issuing bank fee %, if any. Getting results of "1 Thai Baht = 0.03XXXX United States Dollar" type. Then using a calculator to get the inverse number by entering the digit "1" and then dividing that by the 0.03XXXX number to get the rate for XX.XX baht per $1.

Ok everyone I used my fidelity visa atm card at bangkok bank and I am not coming up with the exchange rate on the visa us exchange rate site following the above instructions from post 350.

Fidelity website says my atm withdraw was on July 15 for $37.12 total. I withdrew 1k thb + 150 thb fee = 1,150 thb

Visa US says 1 Thai Baht = 0.032265 USD

1 / 0.032265 = 30.993336 < Would this be the VISA USD to THB exchange rate according to the instructions above?

Now when I take the 1,150 THB * 0.032265 = $37.10475 USD < This is .02 US cent less than the $37.12 that was take from my fidelity account. << So does this mean that I was not given the visa exchange rate or that Fidelity is charging a fee?

--------------------------------------------------------------------------------------------------------------------------------------

would this calculation be correct if I took the total Baht 1,150 / total USD from my account $37.12 = exchange rate 30.980603 ?????

Because $37.12 * 30.980603 = 1,150 THB

Because when I take the 150 THB atm fee / 30.980603 = $4.84 which is exactly what Fidelity refunded back into my account as the atm fee.

Thanks for your help

Zeek, one thing you need to be careful about is how you pick the date you use for the VISA exchange rates website in terms of your transaction date.

I think you don't simply want to go by the date Fidelity posts the charge. Rather, as JimGant has indicated here previously, VISA USA posts their rates on a once per day, 24 hour basis, if I recall correct, starting at midnight U.S. time. Maybe Jim can refresh our memory about what time zone U.S. time.

So, because Thailand is at present 11 hours ahead of U.S. EST, an ATM withdrawal performed in the morning here on the 15 probably should be compared to the VISA USA rate for the 14th. Whereas an afternoon transaction here should be compared to the VISA rate for the same day using the VISA USA rates website.

If I've gone astray on that, I'm sure Jim or Pib will correct me.

The atm withdraw per bangkok bank receipt was July 12 at 20:50 hours.

Jim and Pib... thanks for watching my back... and helping the math challenged among us.... It is a good reminder though regarding using the VISA website to calculate their rate... as it doesn't directly provide the rate (XX.XX THB per $1) we're looking for... We have to do the inverse calculation, which I failed to do...

So just to be clear on the correct methodology for looking at U.S issued VISA bankcards... we're going to the VISA US exchange rates site,

Once there, in the fill-in form, we're choosing "My Card is in US $" and "My Transaction was in Thai Baht." Choosing the date of the transaction and entering in the card-issuing bank fee %, if any. Getting results of "1 Thai Baht = 0.03XXXX United States Dollar" type. Then using a calculator to get the inverse number by entering the digit "1" and then dividing that by the 0.03XXXX number to get the rate for XX.XX baht per $1.

Ok everyone I used my fidelity visa atm card at bangkok bank and I am not coming up with the exchange rate on the visa us exchange rate site following the above instructions from post 350.

Fidelity website says my atm withdraw was on July 15 for $37.12 total. I withdrew 1k thb + 150 thb fee = 1,150 thb

Visa US says 1 Thai Baht = 0.032265 USD

1 / 0.032265 = 30.993336 < Would this be the VISA USD to THB exchange rate according to the instructions above?

Now when I take the 1,150 THB * 0.032265 = $37.10475 USD < This is .02 US cent less than the $37.12 that was take from my fidelity account. << So does this mean that I was not given the visa exchange rate or that Fidelity is charging a fee?

--------------------------------------------------------------------------------------------------------------------------------------

would this calculation be correct if I took the total Baht 1,150 / total USD from my account $37.12 = exchange rate 30.980603 ?????

Because $37.12 * 30.980603 = 1,150 THB

Because when I take the 150 THB atm fee / 30.980603 = $4.84 which is exactly what Fidelity refunded back into my account as the atm fee.

Thanks for your help

Another question for Zeek I forgot to ask: Does the AEON ATM flat out reject the CapOne debit card....I mean you can't even get it to accept your PIN? Or does it accept the PIN, you can then enter the amount of money your want, you hit the Spit Out Money button, and then the AEON ATM gives a No Can Do response?

I can go through the whole process at aeon but when its time to give the money it basically says can not do.

my CO card is not a 360 card its a CO direct banking platinum mastercard if you click on the link in post 381 about the lady's CO experience my card looks just like that. And it has a mastercard logo on the front and on the back it has a holographic logo that says debit in the middle of it with mastercard wrote all around the word debit inside the holographic logo and besides the CO direct banking logo that's all the logos on the card. So no cirrus logos etc.

Zeek...that's very helpful info... if I understand correctly that you're talking about having a Cap One 360 MC-logo debit card.

Cap One, as Pib mentions, changed their bank card network a while back, and that caused problems that led to their regular ATM cards (without any VISA or MC logo) no longer working in AEON ATMs, whereas they had worked before.

Separate from that, it's been a bit unclear until now whether Cap One 360 MC-logo debit cards also suffered from the same problem with AEON ATMs... You appear to be saying they do, which is unfortunate.

Because of the recency of ING's turnover to Cap One 360, we haven't had a lot of member posts with clear results on the subject of Cap One 360 debit cards.

All of this would be extra bad news because as far as I can see, the Cap One 360 checking accounts also no longer offer ATM fee rebates/refunds for fees charged by other ATM operators other than Cap One. So you can use your Cap One MC at other Thai banks' ATMs, but will get hit with their local 180 baht withdrawal fee for foreign MC logo cards.... Not good.

No my CO card is not a 360 card its a CO direct banking platinum mastercard if you click on the link in post 381 about the lady's CO experience my card looks just like that. And it has a mastercard logo on the front and on the back it has a holographic logo that says debit in the middle of it with mastercard wrote all around the word debit inside the holographic logo. See post 376 about it not working at aeon.

If your Cap One card is an ATM "only" card vs being a debit card it may not work in an AEON ATM. Around 2 years ago Cap One switched their ATM only cards to only work on the CIRRUS network for cash withdrawals. And unless something has changed AEON ATM do not support the CIRRUS network. Their older machines do not show the CIRRUS logo but I did use one of their brand new machines last week that did show the CIRRUS logo.

And maybe Cap One has blocked your foreign withdrawals because your residence with them reflects only a U.S. address and you didn't notify them of your travel plans. Cap One seems to be big about the need to call them with your foreign travel plans so they can code your account that you will be traveling to country XYZ and therefore could be withdrawing money. It's a fraudulent transaction protection thing. Give them a call to check... tell them you are on an extended trip to Thailand if they have blocked withdrawals simply because it was made in Thailand.

Sent from my tablet

I can use my cap one mastercard atm debit cards at any other thai bank atm, just not at aeon.

I have capital one checking accounts but I had them around 2-3 years before they bought ING and everything was switched over to 360. My atm card is mastercard and I tried it about 2 different times in Aeons atms and even one time a csr at Aeon came out and tried to help me and even called their head office to see what the problem was and eventually said that their atms could not read the card.

I have just finished rereading all 15 pages of the post again and taken notes so I will followup on all the leads that everyone has talked about and see how it goes. I have fidelity accounts already and hopefully they still work because I have never used them and I will see if I get charged the currency conversion fee and will see how they refund atm fees. I will post the details later and hopefully you guys can help me see if they charged the ccf or not.

thanks for all the info and help!