kwilco Posted May 13, 2023 Share Posted May 13, 2023 What is the current fee or charge for using a foreign debit or credit card at an AM in Thailand? I understand that Visa and Mastercard have one fee and AMEX has a lower fee. I have a Thai bank A/C so don't use my foreign card, but need to know for the future. Link to comment Share on other sites More sharing options...
Mac Mickmanus Posted May 13, 2023 Share Posted May 13, 2023 The cost comes up on the screen and it asks whether you want to proceed and you press Yes or No A quick websearch brings this info up https://findyouthere.com/using-atms-in-thailand-rates-limits-and-more/#:~:text=The ATM fee per transaction,150 Baht per ATM transaction. 1 Link to comment Share on other sites More sharing options...
Popular Post pomchop Posted May 13, 2023 Popular Post Share Posted May 13, 2023 it was 220 thb in pattaya in april at all the atm's i used 2 1 1 1 Link to comment Share on other sites More sharing options...
Furioso Posted May 13, 2023 Share Posted May 13, 2023 I withdrew 500 Euros recently and it cost me 5 Euros in fees. Almost all my other withdraws have been around 1% as well. Link to comment Share on other sites More sharing options...
Popular Post bignok Posted May 13, 2023 Popular Post Share Posted May 13, 2023 Atm fee 220 baht 5% conversion fee Get a bank card with no fees 2 1 Link to comment Share on other sites More sharing options...
Popular Post TheAppletons Posted May 13, 2023 Popular Post Share Posted May 13, 2023 (edited) ATM fee charged by Thai banks is 220 thb. There is no "conversion fee" unless you opt to allow dynamic currency conversion (DCC) by the bank - it's a ripoff and should always be declined. Always refuse the offer for DCC and you will receive the VISA/MC exchange rate, one of the best rates available to consumers. Additionally, your own bank may charge a 1-3% foreign exchange fee, depending upon the terms of your home bank account. Edited May 13, 2023 by TheAppletons Typo 2 1 4 1 Link to comment Share on other sites More sharing options...
Popular Post Skipalongcassidy Posted May 13, 2023 Popular Post Share Posted May 13, 2023 My bank pays all of my fees back to me every month... 2 1 Link to comment Share on other sites More sharing options...
TheAppletons Posted May 13, 2023 Share Posted May 13, 2023 12 hours ago, Skipalongcassidy said: My bank pays all of my fees back to me every month... As does mine. That's the way to go, if you must use a foreign ATM card. 1 Link to comment Share on other sites More sharing options...
Popular Post scubascuba3 Posted May 13, 2023 Popular Post Share Posted May 13, 2023 36 minutes ago, Skipalongcassidy said: My bank pays all of my fees back to me every month... they probably charge you in other ways 2 2 Link to comment Share on other sites More sharing options...
Pink Mist Posted May 14, 2023 Share Posted May 14, 2023 Posts delving off topic and replies removed. Link to comment Share on other sites More sharing options...
pomchop Posted May 14, 2023 Share Posted May 14, 2023 13 hours ago, scubascuba3 said: they probably charge you in other ways Charles Schwab checking account reimburses all fees...but be careful as it is for US residents and if you are in thailand for long periods they may not continue the no fees policy. Link to comment Share on other sites More sharing options...
torturedsole Posted May 14, 2023 Share Posted May 14, 2023 14 hours ago, Skipalongcassidy said: My bank pays all of my fees back to me every month... No such card in the UK but I get by with having a BBK account so transfer funds over occasionally from UK and withdraw at LoS ATM. 1 Link to comment Share on other sites More sharing options...
bignok Posted May 14, 2023 Share Posted May 14, 2023 13 hours ago, scubascuba3 said: they probably charge you in other ways No they give interest as well. No fees. Can get over 5%. 1 1 Link to comment Share on other sites More sharing options...
JoseThailand Posted May 14, 2023 Share Posted May 14, 2023 For those of you who don't know, it is possible to avoid the 220 baht ATM fee by using a counter withdrawal at Bangkok Bank (Visa/Mastercard no fee) or Krungsri (Mastercard no fee, Visa 200 baht fee). 1 1 Link to comment Share on other sites More sharing options...
riclag Posted May 14, 2023 Share Posted May 14, 2023 (edited) 15 hours ago, Skipalongcassidy said: My bank pays all of my fees back to me every month... i have charles Schwab ! You must be careful not to claim you live here in Thailand or they will shut you off. Keep a address and bank in the states if your ????????. CapitalOne wont charge a fee but they dont excuse the charging bank’s fees Edited May 14, 2023 by riclag Link to comment Share on other sites More sharing options...
torturedsole Posted May 14, 2023 Share Posted May 14, 2023 21 minutes ago, JoseThailand said: For those of you who don't know, it is possible to avoid the 220 baht ATM fee by using a counter withdrawal at Bangkok Bank (Visa/Mastercard no fee) or Krungsri (Mastercard no fee, Visa 200 baht fee). Did that years ago in BBK but PITA really. Ended up getting BBK bank account and all sorted now. 2 Link to comment Share on other sites More sharing options...
scubascuba3 Posted May 14, 2023 Share Posted May 14, 2023 7 hours ago, pomchop said: Charles Schwab checking account reimburses all fees...but be careful as it is for US residents and if you are in thailand for long periods they may not continue the no fees policy. Yeah I've heard people bang on about it before, like i said they probably charge in other ways Link to comment Share on other sites More sharing options...
scubascuba3 Posted May 14, 2023 Share Posted May 14, 2023 (edited) 7 hours ago, bignok said: No they give interest as well. No fees. Can get over 5%. Probably charge in other ways for brokerage etc which compensates Edited May 14, 2023 by scubascuba3 Link to comment Share on other sites More sharing options...
bignok Posted May 14, 2023 Share Posted May 14, 2023 1 hour ago, scubascuba3 said: Probably charge in other ways for brokerage etc which compensates No brokerage. Stop clutching at straws. 1 1 Link to comment Share on other sites More sharing options...
bignok Posted May 14, 2023 Share Posted May 14, 2023 1 hour ago, scubascuba3 said: Yeah I've heard people bang on about it before, like i said they probably charge in other ways They don't though. No fees means no fees. They have minimum criteria and lack of branches but that isnt a big deal. Banks with lots of branches have higher costs so more fees. There is "no probably". They have lower operating costs, they get 8% on their loans now so will give 5% out plus no fees. 2 Link to comment Share on other sites More sharing options...
gargamon Posted May 14, 2023 Share Posted May 14, 2023 9 hours ago, JoseThailand said: For those of you who don't know, it is possible to avoid the 220 baht ATM fee by using a counter withdrawal at Bangkok Bank (Visa/Mastercard no fee) or Krungsri (Mastercard no fee, Visa 200 baht fee). BKK bank stopped doing that months ago. 1 Link to comment Share on other sites More sharing options...
JoseThailand Posted May 14, 2023 Share Posted May 14, 2023 7 minutes ago, gargamon said: BKK bank stopped doing that months ago. Some branches have always been reluctant doing that, which requires some pushing. 1 Link to comment Share on other sites More sharing options...
gargamon Posted May 14, 2023 Share Posted May 14, 2023 15 minutes ago, JoseThailand said: Some branches have always been reluctant doing that, which requires some pushing. The branch I had been doing counter withdrawals at for years stopped when their electronics were “upgraded“ to a new system that couldn't accept debit cards. No amount of pushing could get it to work. I moved all my accounts to k-bank and now use wise to transfer money to those accounts. Basically costs the same as the counter withdrawal. And it takes only a few seconds for the money to appear. Link to comment Share on other sites More sharing options...
kwilco Posted May 15, 2023 Author Share Posted May 15, 2023 do bnks now charge 220 baht fee if you use your card with the teller inside? Link to comment Share on other sites More sharing options...
JoseThailand Posted May 15, 2023 Share Posted May 15, 2023 8 hours ago, gargamon said: The branch I had been doing counter withdrawals at for years stopped when their electronics were “upgraded“ to a new system that couldn't accept debit cards. No amount of pushing could get it to work. You can just tell them it's a credit card. ???? Link to comment Share on other sites More sharing options...
JoseThailand Posted May 15, 2023 Share Posted May 15, 2023 1 hour ago, kwilco said: do bnks now charge 220 baht fee if you use your card with the teller inside? It's called a counter withdrawal, see my post above Link to comment Share on other sites More sharing options...
pomchop Posted May 15, 2023 Share Posted May 15, 2023 16 hours ago, scubascuba3 said: Yeah I've heard people bang on about it before, like i said they probably charge in other ways easy enough to google charles schwab checking and read the details rather than speculate... .....i am not aware of any hidden charges. Link to comment Share on other sites More sharing options...
kwilco Posted May 15, 2023 Author Share Posted May 15, 2023 7 hours ago, JoseThailand said: It's called a counter withdrawal, see my post above so - how about the other banks? Link to comment Share on other sites More sharing options...
Rimmer Posted May 16, 2023 Share Posted May 16, 2023 An off topic post has been removed Link to comment Share on other sites More sharing options...
Pib Posted May 16, 2023 Share Posted May 16, 2023 Thai bank ATM generally charge a Bt220 withdrawal fee. AND, repeat, AND you will probably have foreign transaction fee applied by your "card-issuing bank"....this fee typically ranges 1 to 6%....this fee varies from card-issuing bank to card-issuing bank....there is no standard answer....you must know your card-issuing bank's fee structure. And fortunately, there are few card-issuing banks that do not charge a foreign transaction fee like Schwab and Cap1 in the U.S.....Schwab will also reimburse the Thai ATM Bt220 fee but Cap1 will not. Yeap, a person just needs to know/ask their card-issuing bank what foreign transaction fees may apply and if the bank reimburses the fee. Regarding Thai bank charging for a counter withdrawal some will charge approx a Bt200 fee; others will not. And the fee amount can depend on the card network (i.e., Visa, Mastercard, American Express, etc). And for those brave souls using a home country "credit card" for a cash advance there will most likely be an approx card-issuing bank 3% cash advance fee "plus" a foreign transaction fee....and don't forget the possible Thai bank counter withdrawal fee of approx Bt200 or ATM Bt220 fee. Once again a few home country banks will not charge a credit card cash advance fee (like Pentagon Federal Credit Union as example)....but the great majority do. Additionally, Dynamic Currency Conversion (DCC) could come into play where the Thai bank/ATM offers their local exchange rate versus the card-network (i.e., Visa, Mastercard, etc) rate. Since a DDC rate will typically be much worst than the card-network rate be sure to read the ATM screen wording closely and push whatever button that declines the offered DCC rate....the wording is likely to be vague...trying to confuse a person into pushing the wrong button. Once selecting the button that declines the DCC/local rate, the ATM transaction will then continue on and you'll get the better card-network exchange rate Summary: Thai bank ATM foreign card withdrawal fee is generally Bt220. But don't forget the fees probably charged by "your card-issuing bank"...know those fees by contacting your card-issuing bank. 2 Link to comment Share on other sites More sharing options...
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