Bangkok Bank - Minimum balance to avoid service charge

[connda]

What's the minimum balance on a Bangkok Bank regular account to avoid service charge.  It looks like they claw back 15 THB a month. 

[Pib]

No minimum balance requirement to avoid a fee unless the acct balance has fallen below Bt2000 and there has been no owner transaction activity (i.e., deposit/withdrawal/transfer) for 12 months.  Bank generated transactions (i.e., fees) do not count as owner activity. Now if meeting both those conditions then a Bt50/month maintenance fee begins and continues until the acct balance reaches zero then the acct is closed.   To stop that monthly Bt50 fee you just need to go do a transaction.  

 

 Now I think if you are enrolled in their SMS service that costs Bt15/month....maybe that's the Bt15 monthly fee you are seeing.

Edited October 2, 2020 by Pib

[Joinaman]

how do you cancel the SMS service ?

 

[Pib]

You can probably do it at a Bangkok Bank ATM; otherwise, go to a branch to cancel it.  You may also be able to cancel by calling Bangkok Bank. 

 

https://www.bangkokbank.com/en/Personal/Digital-Banking/SMS-Services/SMS-Account-Alert

[fred110]

13 hours ago, Joinaman said:

how do you cancel the SMS service ?

 

Go to the bank and ask.

[connda]

16 hours ago, Pib said:

No minimum balance requirement to avoid a fee unless the acct balance has fallen below Bt2000 and there has been no owner transaction activity (i.e., deposit/withdrawal/transfer) for 12 months.  Bank generated transactions (i.e., fees) do not count as owner activity. Now if meeting both those conditions then a Bt50/month maintenance fee begins and continues until the acct balance reaches zero then the acct is closed.   To stop that monthly Bt50 fee you just need to go do a transaction.  

 

 Now I think if you are enrolled in their SMS service that costs Bt15/month....maybe that's the Bt15 monthly fee you are seeing.

Opss!  That must be it.  Thanks!

Edited October 3, 2020 by connda

[Rimmer]

Closed as per OP request