As a Bangkok Bank account holder I always wonder about the fees I have to pay as soon as I do banking biz outside my registered district. Cash deposit , ATM fees, it is ridiculous to charge within Thailand within one banking system. Somebody maybe has a hint to a more reasonable Bank and fee system? Please help!

All the banks charge these fees AFAIK. If a fee is allowed it will be charged. 30 years ago in the days of Telex it made sense - today just a cash cow.

...it is ridiculous to charge within Thailand within one banking system.

But it is Thailand....some things are different. Seems all the Thai banks have a very similar fee structure partially driven by Bank of Thailand regulations and simply charging fees similar to what your competition charges.

Thai commerce, it is what it is

Yeah, this is not Kansas.

Edited March 20, 201313 yr by kennedy

Thai banks will even charge you for depositing cash into your account outside of your home province

I try to get out of all the fees. I am almost successful. I have a few accounts, I only keep one atm card (which has a yearly fee). If I need money in another province, I move it physically, and would not consider otherwise unless I was a 12 year old girl. I put as much as I can jam into my Schwab account when possible.

Edited March 21, 201313 yr by isawasnake

TMB Bank does NOT have these fees if you have a "No Fee Savings Account." It is the only Thai bank of which I am aware that does not routinely charge these fees.

Banking might seem like it's free in USA, but there is a hidden cost - massive lost of wealth when a banking collapse arrives. Free things always have hidden costs. Sometimes the cost may take a very long time to show themselves.

Banking might seem like it's free in USA, but there is a hidden cost - massive lost of wealth when a banking collapse arrives. Free things always have hidden costs. Sometimes the cost may take a very long time to show themselves.

Also sprach Zarathustra !

Run to the bank now change your cash for gold, buy petrol, food and guns. Stay low, Only the strongest will survive.

It is an outrageous fee / tax on you.

Banking might seem like it's free in USA, but there is a hidden cost - massive lost of wealth when a banking collapse arrives. Free things always have hidden costs. Sometimes the cost may take a very long time to show themselves.

I don't agree with you. Free is free if you play your cards right.

The system in the US makes a lot more sense to me on the surface. Get customers, treat them good, and use their money to make money. Every dollar they take in they can load 10. It just makes total sense to get customers, treat them good, and not pester them with fees.

Here is the exact opposite of course. It is all about the immediate, short term money here I feel.

Banking might seem like it's free in USA, but there is a hidden cost - massive lost of wealth when a banking collapse arrives. Free things always have hidden costs. Sometimes the cost may take a very long time to show themselves.

OK, so when a bank in whatever country fails but it was a bank with a lot of fees then that is OK. No, I think I will stick to my U.S. banks for the great bulk of my money where I haven't paid a fee for ages to include any monthly maintenance fees. Oh, wait a minute when doing an ACH transfer from Bank of America a few years ago they did charge me a $3 sending fee; however, I don't use BoA anymore and all my U.S. banks charge $0 ACH sending fees. But hey, I don't even use ACH transfers anymore because I have several U.S. bank no foreign transaction fee and no annual fee debit and credit cards. I sure hope my U.S. banks don't fail because of no or low fees for my particular banking needs.

But I will admit U.S. banks can rape you on other fee products/services which fortunately I have no need for. And the U.S. banking problems of recent years was caused by the "investment" banks which played in the stock market casino and mortgage-backed securities slight-of-hand scheme.

Banking might seem like it's free in USA, but there is a hidden cost - massive lost of wealth when a banking collapse arrives. Free things always have hidden costs. Sometimes the cost may take a very long time to show themselves.

That's odd. During the financial crisis of 2008 no American bank depositor lost a penny although about 140 banks per year failed for the next few years. Where do you get such an idea? Are you perhaps failing to notice the difference in commercial and savings banks that hold deposits that are FDIC-insured and investment banks or mortgage lenders which do not?

Banking might seem like it's free in USA, but there is a hidden cost - massive lost of wealth when a banking collapse arrives. Free things always have hidden costs. Sometimes the cost may take a very long time to show themselves.

Also sprach Zarathustra !

Run to the bank now change your cash for gold, buy petrol, food and guns. Stay low, Only the strongest will survive.

And the smartest will outsmart them all.