pascal2000 Posted August 15, 2008 Posted August 15, 2008 I received my rebate check from the US for $300. It took 3 weeks to clear and when it did clear the Bank of Ayudhya had deducted a 10% charge. I think that's an outrageous amount. I have just received another check for over $1000. I don't feel like giving 10% of the amount to the bank. My question is is this normal? Is there any way around it?
lopburi3 Posted August 15, 2008 Posted August 15, 2008 Believe about $32 or so is a normal charge. Mail to your US bank for deposit.
Maestro Posted August 15, 2008 Posted August 15, 2008 The Bank of Ayudhya lists its fees for “cheques for collection” on this web page: http://www.krungsri.com/eng/personal_tranfer01.htm#02: Service Fee Cash Letter Basis: • 200 Baht per item • 3 Baht stamp duty per item Collection Letter Basis • 10 USD per item • 3 Baht stamp duty per item -- Maestro The single biggest problem in communication is the illusion that it has taken place. — George Bernard Shaw
lopburi3 Posted August 15, 2008 Posted August 15, 2008 I believe another $20 or so will disappear from the amount you receive in Baht. The Thai bank fee is also $10 at Bangkok Bank but the total fee is $32 and they will tell you that upfront.
pascal2000 Posted August 16, 2008 Author Posted August 16, 2008 Thanks, you answered my question. $32 just happens to be about 10% of my $300 check. I obviously jumped to the conclusion that all checks would be charged a 10% fee, when it's now obvious that the fee is $32 for all checks. Cheers to thaivisa.com and both of you who answered my question
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