Bank Of Ayudhya/Krungsri

[MYKTHEMIN]

Hi All, Just returned from Loei and a pleasant lunch, just for it to be spoilt by Bank of Ayudhya- Krungsri now charging the rip off fee of 150 baht for a withdrawal on a non Thai debit card, they were as far as I know the only bank not charging the rip off 150 baht, but they have now joined all the rest of the rip off Thai Banks, anyone know of another bank not trying to rip us off?

[FlatOut]

Yep, just got mugged this morning too from Ayudhya. Apparently TMB ATMs are OK, but I've yet to try them.

[Amerifarang]

The orginal concept was to reduce the human teller overhead costs needed to dispense money to hard working clients of the bank. Then some greedy bastards,to my shame and embarressment in one of our American Banks decided to make ATMs a "profit center. The good ole boys at one bank talked with the good ole boys at another at a bank convention one day and we the customer have been taking it up the rear ever since.......no kissing or foreplay,just wham bam without an " love you". Credit unions are the only semi ethical banks remaining and they too are being corrupted. A plague on all their houses!

[thaimate]

B/tards,just returned from a holiday in Britain to find out they have joined the vultures .

[nakachalet]

amerifarang:

Credit unions are the only semi ethical banks remaining and they too are being corrupted.

credit unions are trying hard to keep the operating cost down to bare minimum.... but the big banks are pushing hard to levy same treatment and charge toward credit unions....

if you have time you can read the attached which is urgently sent to supporters and members seeking assistance to send request to congressmen et al.... to help keep all credit unions out of the big banks influences and madness....

you too can help, if you wish.... by sending ready formed email to representatives and congressmen as mentioned in the referenced text.

<img alt="Connect for the Cause" width="580" height="99">

Dear Credit Union Supporter,

You are receiving this message because our records show you have not yet taken action, and we need your support! To date, over 60,000 letters have been sent from Connect for the Cause!

Credit unions remain involved in a major grassroots campaign to protect the use of your debit cards. The U.S. Senate has passed the Restoring American Financial Stability Act which included the "Durbin-Interchange Fee Amendment." This issue is now relevant and remains a top priority to each and every Member of Congress (both Senators and Representatives).

Issue

The "Durbin-Interchange Fee Amendment" was not intended to harm credit unions and small financial institutions. However, the amendment remains extremely harmful to credit union members who use debit cards.

Specifically this amendment:

1 - Requires the Federal Reserve to prescribe pre-determined interchange fees that apply to debit payment cards. Rates will only apply to financial institutions above $10 billion in assets. However, through various loop-holes in the amendment rates will apply to credit unions, thus reversing the intent of this "exemption".

2 - Omits data security or fraud costs from being factored in to these prescribed rates that the Federal Reserve will eventually set.

3 - Excludes an "honor all cards" rule, which prevents merchants and retailers from discriminating a financial institution’s debit card from another. Under this section, retailers and merchants will be allowed to select which debit cards they prefer, and deny acceptance of others.

Goal/Action Needed

64 Senators voted in favor of the Durbin Amendment. They did so under the assumption that credit unions and small institutions would be omitted from the negative impacts. Unfortunately, the situation is the exact opposite.

Please click on the link below to submit your letter today.

The link below will take you directly to your profile at:

Connect for the Cause

The above link is meant for you; please forward the link below to other credit union supporters.

www.connectforthecause.com

<img alt="California and Nevada Credit Union Leagues" width="325" height="44">

[exeter]

If you go into the Bank with your card and passport, there is no charge. The Bank told me this earlier this year, they also told me that there was a charge for using the ATM, at the time(up to May) I was not being charged the fee. I am now back in the UK. I wonder if they were preparing the way for introducing the charge. Pity. As has been said ATM were designed to save labour inside the Bank.

[chainarong]

Just don't use any card from the Commonwealth Bank Aust, the ripoff's charge $15AUD on a 10 thousand BHT,international transaction( A.T.M ). ,CITI BANK charge ZERO , to answer your Q, no all the banks charge, they must have visited AU.

Edited June 13, 2010 by chainarong

[MYKTHEMIN]

Well tried a TMB bank yesterday and they also charge 150, so it seems they now all charge!!!!

Off to Siam Commercial Bank to get an ATM card for my account with them. Will update with costs etc.

[Pib]

Banks are nothing more than a business. And what do businesses do, especially banks? They try to make as much money as possible with a customer service facade. Look behind the pretty facade of a bank and you will see a money making machine powered by loans, credit cards, investments, and fees...and fees...and fees...and fees...and fees...