I received my monthly statement this week from my Australian Financial Institution I always keep tabs on my account balance on line but apparently the law in Aus stipulates they must send me one.

Anyway enclosed with my statement was a letter informing be of increased fraudelent activity in Thailand ,card skimming etc.

The advice was for me to close my Visa ccount immmediatly and just have money transferred to a Thai bank. Currently I draw down from an ATM always inside a bank.

So Thailand takes another hit on the tourism and credibilty front. My daughter 2 years ago had her card skimmed in Nong Khai. The bank refunded her when she returned after about 2 mths of negotiation.

The bank also informed that if I fail to close the account responsibilty for any losses MAY rest with me. A rather ominous warning.

Get another bank. Looks like this Aussie bank will be going down with the rest.

Get another bank. Looks like this Aussie bank will be going down with the rest.

When you say the rest , you mean Australian Banks ?? To my knowledge none have capitulated as yet and while the economy has stalled the Gov has stated there is not a problem in them providing support sdhould it be needed I mean we have to trust someone sometime. I know there have been many reports of so many tourists experiencing problems with credit cards in Phuket ,Pataya etc mainly in shops where the carsd are swiped out the back. I think its more the banks covering their backsides