Pilot3Boz Posted November 9, 2023 Share Posted November 9, 2023 I recently got back to LOS… I access my spending money from ATM’s with my Schwab debit card… I usually use the Krungsri (yellow) bank, as you can get 30K a pop.. Well while I used it yesterday, I got the normal 220B fee… No issue there, but then it comes up and say a 5% exchange rate “markup” was applied.. this drop my exchange rate down 2 full baht.. Is this some new money grab by all banks or just Yellow bank?? My next move is to try Bangkok Bank as they allow 25K a pop.. Let’s hope they aren’t doing the same thing… Any info would be appreciated !!! 1 Link to comment Share on other sites More sharing options...
Popular Post ballpoint Posted November 9, 2023 Popular Post Share Posted November 9, 2023 TTB allows 30k at a time - it's on the quick withdrawals list on the first screen that comes up after entering your PIN, and don't charge any extra, besides the B220 fee. They ask if you want to use their exchange rate, which is a poor one, or not. Always choose "not". 1 3 Link to comment Share on other sites More sharing options...
Pilot3Boz Posted November 9, 2023 Author Share Posted November 9, 2023 3 minutes ago, ballpoint said: TTB allows 30k at a time - it's on the quick withdrawals list on the first screen that comes up after entering your PIN, and don't charge any extra, besides the B220 fee. They ask if you want to use their exchange rate, which is a poor one, or not. Always choose "not". Not to be stupid, but which bank is TTB?? Color or easy way to find them… Thanks! Link to comment Share on other sites More sharing options...
Popular Post NextG Posted November 9, 2023 Popular Post Share Posted November 9, 2023 (edited) Yeah, you made a small blunder, by accepting the local bank’s rate instead of Schwab’s MasterCard/VISA rate. It’s called ‘Dynamic Currency Conversion’. Look it up. Avoid the yellow bank with your particular card. The others should be fine… but watch out. If asked, use another bank. Edited November 9, 2023 by NextG 1 2 Link to comment Share on other sites More sharing options...
Popular Post Lemsta69 Posted November 9, 2023 Popular Post Share Posted November 9, 2023 7 minutes ago, NextG said: Yeah, you made a small blunder, by accepting the local bank’s rate instead of Schwab’s MasterCard/VISA rate. It’s called ‘Dynamic Currency Conversion’. Look it up. Avoid the yellow bank with your particular card. The others should be fine… but watch out. If asked, use another bank. DCC is the work of the Devil. 3 2 1 Link to comment Share on other sites More sharing options...
ravip Posted November 9, 2023 Share Posted November 9, 2023 10 minutes ago, Pilot3Boz said: Not to be stupid, but which bank is TTB?? Color or easy way to find them… Thanks! TMBThanachart Bank Public Company Limited https://www.ttbbank.com/en 2 Link to comment Share on other sites More sharing options...
Popular Post Pilot3Boz Posted November 9, 2023 Author Popular Post Share Posted November 9, 2023 Thank You all for the answers.. it did s ask me to agree to the 5% which I didn’t realize I could decline it.. Now I know! 1 2 Link to comment Share on other sites More sharing options...
Popular Post TallGuyJohninBKK Posted November 9, 2023 Popular Post Share Posted November 9, 2023 You'll know that the ATM is asking you to agree to DCC (which you always can and should decline) when the screen offers/shows you the withdrawal amount in your home country currency... JUST SAY NO! And opt for regular old Thai baht. 3 1 Link to comment Share on other sites More sharing options...
Neeranam Posted November 10, 2023 Share Posted November 10, 2023 I've just started being charged 25 for every withdraw in another province, never had it before :( 1 Link to comment Share on other sites More sharing options...
Popular Post Everyman Posted November 11, 2023 Popular Post Share Posted November 11, 2023 17 hours ago, Neeranam said: I've just started being charged 25 for every withdraw in another province, never had it before :( time to start using cardless withdrawal 2 1 Link to comment Share on other sites More sharing options...
Neeranam Posted November 11, 2023 Share Posted November 11, 2023 14 minutes ago, Everyman said: time to start using cardless withdrawal I'll ask my kids, thanks. So there is no charge with this method? 1 Link to comment Share on other sites More sharing options...
Everyman Posted November 11, 2023 Share Posted November 11, 2023 2 hours ago, Neeranam said: I'll ask my kids, thanks. So there is no charge with this method? correct 1 1 Link to comment Share on other sites More sharing options...
scottiejohn Posted November 11, 2023 Share Posted November 11, 2023 5 hours ago, Everyman said: time to start using cardless withdrawal Can you please explain how that works especially WRT BKK? Link to comment Share on other sites More sharing options...
treetops Posted November 12, 2023 Share Posted November 12, 2023 19 hours ago, scottiejohn said: Can you please explain how that works especially WRT BKK? Open the app on your phone, select "Cardless ATM" and login. Choose a pre-selected amount to withdraw or enter a custom amount. You then have an hour to find a BBL ATM. At the ATM select "Cardless Withdrawal" then Bangkok Bank. It'll dislay a QR code and the app will prompt you to scan this code. Your cash will then be dispensed. Choose an indoor ATM if possible as the sun on the screen can make reading the QR code difficult. 2 Link to comment Share on other sites More sharing options...
scottiejohn Posted November 12, 2023 Share Posted November 12, 2023 (edited) Thanks @treetops for that clear guide. Just what I wanted! Edited November 12, 2023 by scottiejohn Link to comment Share on other sites More sharing options...
Chivas Posted November 13, 2023 Share Posted November 13, 2023 19 hours ago, treetops said: Open the app on your phone, select "Cardless ATM" and login. Choose a pre-selected amount to withdraw or enter a custom amount. You then have an hour to find a BBL ATM. At the ATM select "Cardless Withdrawal" then Bangkok Bank. It'll dislay a QR code and the app will prompt you to scan this code. Your cash will then be dispensed. Choose an indoor ATM if possible as the sun on the screen can make reading the QR code difficult. Treetops Do most of the banks offer same facility ?? Am paranoid over ATM usage with my SCB debit card in fact I wont use it Peace of mind walking to Bank branch in 5 minutes to take 30k out a time What about the 220 fee itself ?? Still applies I assume ?? Link to comment Share on other sites More sharing options...
Chivas Posted November 13, 2023 Share Posted November 13, 2023 Ignore final sentence of above. Obviously not Its not letting me edit it out for some reason Link to comment Share on other sites More sharing options...
treetops Posted November 13, 2023 Share Posted November 13, 2023 11 hours ago, Chivas said: Treetops Do most of the banks offer same facility ?? I only use the BBL version, but I've certainly seen other banks mentioned on here that offer it. Link to comment Share on other sites More sharing options...
KhunBENQ Posted November 13, 2023 Share Posted November 13, 2023 (edited) 59 minutes ago, treetops said: I only use the BBL version, but I've certainly seen other banks mentioned on here that offer it. Bangkok Bank, Kasikorn and SCB that I use (don't know the whole list). Kasikorn has the easiest/most convenient procedure, followed by Bangkok Bank. SCB is a bit annoying having to enter your registered phone number AND the code sent. Edited November 13, 2023 by KhunBENQ 1 Link to comment Share on other sites More sharing options...
Everyman Posted November 13, 2023 Share Posted November 13, 2023 14 hours ago, Chivas said: Treetops Do most of the banks offer same facility ?? Am paranoid over ATM usage with my SCB debit card in fact I wont use it Peace of mind walking to Bank branch in 5 minutes to take 30k out a time What about the 220 fee itself ?? Still applies I assume ?? you can cancel your debit card and do everything (QR code payments, ATM withdrawals) from the phone app. It will save you the 300 or so baht yearly debit card fee. 1 1 Link to comment Share on other sites More sharing options...
foreverlomsak Posted November 13, 2023 Share Posted November 13, 2023 On 11/10/2023 at 6:14 PM, Neeranam said: I've just started being charged 25 for every withdraw in another province, never had it before :( which banks, some have been doing it for years 1 Link to comment Share on other sites More sharing options...
Chivas Posted November 14, 2023 Share Posted November 14, 2023 10 hours ago, Everyman said: you can cancel your debit card and do everything (QR code payments, ATM withdrawals) from the phone app. It will save you the 300 or so baht yearly debit card fee. Yeah am not quite sure I'm that poor to save 300 lol I'm happy to use it in hotel check ins but will never use outright in an ATM I had a look at SCB and yes they do have same facility on the app. just something thats sailed past me without ever realising so fair play to the thread indeed 1 Link to comment Share on other sites More sharing options...
Lemsta69 Posted November 14, 2023 Share Posted November 14, 2023 10 hours ago, Everyman said: you can cancel your debit card and do everything (QR code payments, ATM withdrawals) from the phone app. It will save you the 300 or so baht yearly debit card fee. 300 baht is worth it to have the physical card as backup in case of QR system being temporarily offline. Saved my bacon the other Saturday night at the rubba because BBL decided to take the online payment system offline at 12:20am in the morning. 1 Link to comment Share on other sites More sharing options...
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