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Latest posts...
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15
Here's a new one
Nevertheless, when back from Buriram I'll definitely drop by that Emquartier branch! -
15
Here's a new one
Or it might be some confusion, as apparently once holding a marriage non immigrant O 1 year extension, you "might" be able to open an account. Only to get that 1 year extension you need to have an account already 🙃 -
46
Don't chase happiness
They don't hate life they probably just hate/dislike the crap you post! -
1
EMail address blocked
Since you mention Microsoft I assume it is a hotmail account. I gave up on hotmail ages ago, after I experienced the same debacle as you. A friend had his hotmail account locked a few months ago, and asked my help to recover it. We went through all the silly steps they require at least 10 times over the time span of a week, because after 3 or so attempts you are locked out for 24 hours, but impossible to recover the account, although we filled in everything correctly. The idiot friend the opened a new hotmail account against my advice. 🤦♂️ -
15
Here's a new one
First thing I hear of having to send documents to head office and waiting for approval before opening account. It's either on the spot or not at all. Maybe just covering so she can claim it's a head office decision so she doesn't have to take the loss of face! -
94
ATM fee now 250bt
Actually, when using a credit or debit card to obtain cash at a bank, like a Thai bank ATM or at a Thai bank counter, the Thai bank "receives" a fee (i.e., a profit) for accomplishing the transaction. It's called an interchange fee but works the opposite to the interchange fee a merchant must pay when a person buys product/service with their card. If using a Visa debit/credit card (or really any foreign issued credit/debit card) to get funds (we are now talking getting cash and not talking about buying something) at an ATM the Thai bank receives from the card issuing bank some funds for accomplishing the transaction....and the amount received depends on how/where the cash is disbursed. That is, is it disbursed at an ATM without or without an ATM fee like Bt250 now being charged by Thai banks....and was the disbursement selected by the card-holder a Dynamic Currency Conversion (DCC) or not. Mastercard and other cards have very similar rules/fees. Below is a chart snapshot from the Visa rules/fees website regarding "cash disbursement" like getting cash from an ATM or a bank counter using your Visa debit/credit card. Issuer" means the bank that issued your card (does not mean the bank disbursing the cash) and Acquirer is the bank disbursing the cash like a Thai bank disbursing you cash at a ATM or bank counter when you use your card. Now since Thai bank "do" charge an ATM fee, and sometimes a counter fee, when using a foreign card the ATM fees the Thai bank will receive is Bt250 plus 0.15% if the card holder didn't choose DCC. So, if a person withdraws Bt30,000 then the Thai bank receive 0.15% which equate to Bt45 plus their applied fee of Bt250 for a total of Bt295. And if the cash disbursement happens at a Thai bank counter they get $1.75 which is around Bt56 plus 0.33%....0.33% of a Bt30K disbursement is around Bt99 plus the Bt56 for a total of Bt155 plus any counter fee disbursement the bank may charge. See below interchange cash disbursement fee table from the Visa Rules/Fees website for the cash disbursement fee that would apply depending on the situation. AND KEEP IN MIND BELOW INTERCHANGE FEES HAVE NOTHING TO DO WITH THE FOREIGN TRANSACTION/CROSS BORDER FEES YOUR CARD-ISSUING BANK MAY (OFTEN DO) APPLY ON THIER END....THOSE ARE SEPARATE FEES CHARGED TO YOU.....BELOW ONLY DEALS WITH WHAT THE BANK THAT IS DISBURSING THE CASH RECEIVE (LIKE A THAI BANK). And once again the cash disbursement interchange fees operate opposite from that of a merchant selling you something where that merchant does incur a Visa/Mastercard fee typically of a few percent....and once again you will still have routinely have foreign transaction/cross border fees on the card-issuing bank end.
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