-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
-
-
Popular Contributors
-
-
Latest posts...
-
50
Poll If war breaks out with Cambodia what will you do?
I will start referring to pad Thai as pad freedom. -
67
Crime Swedish Man Beaten by Girlfriend & Mob of 10 Men in Soi Buakhao, Pattaya
How valid is this experiment in proving anything? Why would you do something stupid like that? -
60
How to open a Bank account in 2025?
Many AN posters have no clue how the exchange process works for credit and debit cards. The card processing companies set the exchange rate (VISA and MasterCard). No bank is involved in setting the exchange rate as long as you refuse the offer to have the transaction conducted in your home currency. Credit cards and debit cards use the exact same exchange rate. The exchange rate is set once each day at about 7AM (Thai time) on Tu, W, Th,F and Sat. You can check the rates online whenever you like. The exchange rate used is the one in effect on the day the transaction is initiated. The rates are not terrible unless your home country's currency rises sharply after 7AM. The card processors won't change the rate to follow until the next business day. I find the card's exchange rate (for US$) is usually within .33% of WISE's rate unless the currency is very volatile around the transaction time. If you choose your credit/debit card(s) with no foreign transaction fees and an issuer that refunds ATM fees (Schwab does) you will not pay any fees for purchases or cash advance on debit cards. With such cards your net result will be very competitive with WISE after deducting WISE's fees. Currently only Krungsri bank will allow cash advances (at the teller) on debit cards with the caveat that VISA cardholders will pay a 200 baht fee but there is no fee for MasterCard holders. The max cash advance is 150K baht. -
10
Donald Trump calls for Benjamin Netanyahu's corruption trial to be cancelled
Trump embraces and supports the corrupt, the morally bankrupt, the despots, the dictators, those who commit genocide, and the serial killers. That's just who and what he is. -
18
The US dollar is sinking like a rock
Concerning the Swiss Franc versus the US$. In 1965 I had to pay 4 Swiss Francs for 1 Dollar. In 1978 I had to pay 1,65 Swiss Francs for 1 Dollar. Today I pay 0,79 Francs for 1 Dollar. Anymore questions? -
141
-
-
Popular in The Pub
-
.thumb.jpeg.d2d19a66404642fd9ff62d6262fd153e.jpeg)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now