FriscoKid

First good idea you have had so far. 😀 Actually, I don't like ATM cards at all. To me they are a liability. All Thai banks also charge a yearly service fee of 200 Baht for each card. So if you have 4-5 accounts the charges can add up. But I have one ATM debit card from one of my accounts because it is handy to have one at times and, as I mentioned, my card is pretty much locked down by me anyway. But if you setup your mobile banking app then you can use the banking app to do cardless ATM withdrawals. Safest solution there is, gets rid of the card and the annual card fee, and don't need to go into the bank or use your passbook to get cash out of your account.

My guess is that these are self-administered settings for the card and are only available through the app, but you can try asking the bank, maybe they can do it too. That said, a lot less can go wrong if you set these things yourself. What if they make a mistake or don’t get it right? Are you really going to try to hold them responsible later by saying they set it up incorrectly? Good luck holding them accountable if there’s a problem because of incorrect card settings. And what if you have the limits set low and suddenly need to increase them temporarily for a larger transaction? Back to the bank? Not exactly convenient.

You are ignoring the elephant in the room. If your card number gets compromised, and you haven't disabled online purchases on the card, then money can simply disappear from your account for a large online purchase while you are in bed sleeping, just like the OP. See what I wrote above.

It is actually the opposite. The banking apps will allow you to set personal limits on the card and/or prevent certain types of purchases which help prevent the risk of fraud. If you have only a card and no banking app to control what it can do, and the spending limits are not controlled, then you are open to a much higher risk of fraud. So what happened to the OP could easily happen to you too if you are not vigilant and you have online payments enabled on the card with no transaction limits set. If you want to reduce your risk and exposure then start using the banking app and take control of your card yourself.

I have multiple Thai bank accounts, but I only have an ATM/Debit card for one of them. In the online banking mobile app I have also made a number of preventive settings on the card itself which will prevent this from ever happening. 1 - I have set the all transaction limits very low for payments, withdrawals and transfer on the card since most of my transactions are usually small. if I need to make a bigger payment or transfer then I temporarily increase the limits in the app and then change it back when I am done. 2 - I have also temporarily disabled domestic online purchases on the card. And international online payments are permanently disabled. If I have to make a domestic online purchase then I temporarily enable the card in the the app for online domestic purchases and then change it back when I am done. So, withdrawal, transfer and payment limits are all set very low by me on the card. Also, online payments are disabled until I need to make one. Thus, very little chance for fraud to occur on my account and, if it does, then the exposure is minimal with low spending limits set. And all of this can be set or changed anytime be me on the fly in a matter of seconds through the bank's mobile banking app.

Everything in your original post is correct. Regarding the excerpt above, yes, Wise will charge you around 46 Baht per transfer when sending money from your Wise account's THB balance to a Thai bank of your choice. It is a fixed fee, and as far as I know, there is no transfer limit. This fee is not included in the conversion fee when you exchange another currency into Baht within your Wise account. If you transfer less than 50,000 Baht from Wise, the funds will usually arrive in your Thai bank account within seconds.

I would just call the bank. I believe they’re available 24 hours a day, and there should be someone who speaks English and can answer basic questions about the account. They can tell you whether it’s active or dormant, locked or accessible, and whether you need to take any additional steps or not before using it again.

You might be able to apply for online banking through the website, but I'm not sure. Some banks still offer Internet banking through the website using a computer and a web browser, but others have moved to just using mobile apps linked to your mobile device. But you can check out the link below. https://www.bangkokbank.com/en/Personal/Digital-Banking/Bualuang-iBanking I still say the best thing to do is give a call to their customer service center to see what you can find out about the status of your account. Otherwise you're just guessing with no definitive answers: +66-2-645-5555

Are you able to still access the account via online banking? If not, why not call the Bangkok Bank customer service phone number and try and find out the status of your account? If the account has become dormant, it might still be open but would be locked from allowing any withdrawals or transfers. In this case, the account would remain open for at least a year or two. After that, the bank might close it due to inactivity. It could still accept incoming transfers during this period, but you likely would not be able to access the funds until you visit the bank in person to unlock the account.

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Understood, thanks for the clarification. I don’t think you’re being charged a fee just because your balance is under ฿2000. It’s more likely due to having no activity on the account for over a year, combined with the low balance. To avoid the fee going forward, you could try transferring ฿100 in and out of the account twice a year. That should help keep the account looking active and allow you to maintain it without the weekly charge or needing to increase the balance. Also, since they’ve already started charging an inactivity fee, there’s a chance the account could be flagged as dormant or even locked by the bank. If the balance drops to zero, it might even be closed. It would be a good idea to check with the bank just to make sure you still have full access to the account. But if you don't care about the account then you could also just do nothing.

Ditto. Done. This way I won’t have to see your off-topic rambling the next time you try to hijack one of my topics to brag about how many banks and accounts you have that nobody cares about.

Ironic, really, all those things you accused me of while I was just trying to be helpful, on your off-topic post about all your banks and bank accounts that nobody asked for. And yet it was you, in that same long post, saying ‘Let the bragging games begin.’ I guess that’s what you’re really here for.

That sounds very high. Most banks charge 50 Baht monthly, I believe. The 200 Baht fee is often the annual fee deducted for ATM card.

Not at all. Was just trying to be helpful. Next time I won't bother.