netbuilder Posted January 19, 2016 Share Posted January 19, 2016 Take care all of you if you wish to withdraw your money from outside of Thailand... My husband who is Thai faced incredible difficulties to withdraw his money with his visa debit card... He called Kasikorn and they pretended to him he had to apply for withdrawal from outside if Thailand, what a bullshit... 3 hours he waits for his card to be able to withdraw... Don't put your money in this country... Link to comment Share on other sites More sharing options...
Crossy Posted January 19, 2016 Share Posted January 19, 2016 Actually, just ensure that your card is enabled for international withdrawals before leaving. As our OP has discovered, arranging after the fact is somewhat stressful. Link to comment Share on other sites More sharing options...
fletchsmile Posted January 19, 2016 Share Posted January 19, 2016 It's quite common now for banks to require you to enable your card to be used overseas. It's an anti-fraud measure. As Crossy says just check and make sure before you go. It's not limited to Thailand either. It's the same for my bank in SIngapore, although I can change the setting online rather than having to ring a call centre. Link to comment Share on other sites More sharing options...
netbuilder Posted January 19, 2016 Author Share Posted January 19, 2016 It was unable for international withdrawal last year... What about to be affiliated to visa if you can't serve your customers to ATMs with your card and your pin code, ridiculous... Link to comment Share on other sites More sharing options...
steelepulse Posted January 19, 2016 Share Posted January 19, 2016 If you've had your card skimmed in Thailand and then seen withdrawals in Ukraine, Poland and Russia, you would rethink your position on this. Banks are tired of covering skimming losses, so they want you to tell them when you'll be using the card overseas. Link to comment Share on other sites More sharing options...
netbuilder Posted January 19, 2016 Author Share Posted January 19, 2016 And as I said it was unabled. Not sure though if the card must be activated before each arm withdrawal but looks like... Link to comment Share on other sites More sharing options...
gk10002000 Posted January 19, 2016 Share Posted January 19, 2016 Can one purchase Traveler's checks in Thailand that you can cash overseas? Would a check drawn on a Thai bank be accepted? I am sure there could be quite a wait for funds to clear, but would the Thai bank honor the check? I also know that some US based banks don't accept non USA bank checks. I use Etrade bank for example and they do not take foreign checks Link to comment Share on other sites More sharing options...
shina Posted January 19, 2016 Share Posted January 19, 2016 I called Kbank and told them to enable international withdraws on my last trip to Myanmar. I didn't have any problems taking money out at the ATMs there. You just have to call ahead and inform the country and dates you want to take money out. Link to comment Share on other sites More sharing options...
WhizBang Posted January 19, 2016 Share Posted January 19, 2016 I have been using my Bangkok Bank ATM to make cash withdrawls when I am out of the country, for years now. I just called them up before my first trip and spoke to customer service. No problems at all. On the other hand all this new "fraud protection" security has become a major pain in the lower regions. Instead of ensuring customers have a pleasureful and painless trip abroad, they are now the cause of grief when they start blocking cards, even when you first informed them of the foreign travel. Chase Bank have shut down my credit card and will not issue a replacement until I call them from my home number in the USA. This despite the fact I had informed them that I am in Thailand. And they will not be persuaded otherwise. A**holes. Link to comment Share on other sites More sharing options...
les34005 Posted January 19, 2016 Share Posted January 19, 2016 When ever I go to SE or Europe I always inform my bank when and where I will be traveling and give an estimated period of time I am overseas. I can do this online. Link to comment Share on other sites More sharing options...
KarenBravo Posted January 19, 2016 Share Posted January 19, 2016 The Thai Baht is not a freely tradeable currency and never has been. Link to comment Share on other sites More sharing options...
Naam Posted January 19, 2016 Share Posted January 19, 2016 (edited) The Thai Baht is not a freely tradeable currency and never has been. but whenever i am abroad the ATMs trade/hand out freely any local currency when i use my Siam Commercial or Kasikorn debit card. Edited January 19, 2016 by Naam Link to comment Share on other sites More sharing options...
KarenBravo Posted January 19, 2016 Share Posted January 19, 2016 OK, try sending 1,000,000 Bt from your Thai account to another country. What about the restriction that you can only send out as much money (with all the hassle) as you brought in. There are no such restrictions with currencies like the US$, sterling, Euro etc. etc. What I should have said was that it is not a freely convertible currency. Link to comment Share on other sites More sharing options...
fletchsmile Posted January 19, 2016 Share Posted January 19, 2016 OK, try sending 1,000,000 Bt from your Thai account to another country. What about the restriction that you can only send out as much money (with all the hassle) as you brought in. There are no such restrictions with currencies like the US$, sterling, Euro etc. etc. What I should have said was that it is not a freely convertible currency. Your point about only being able to send out as much as you brought in isn't accurate either. In general you just need documentation to support where the money came from. I've sent earnings from here - that's money never brought in but earned here. If you buy a condo then sell it for a profit, you can send out more than you brought in, again you just need the right supporting docs. All sorts of other examples too..... Generally it's not that difficult these days if you keep your paperwork. Link to comment Share on other sites More sharing options...
Jip99 Posted January 19, 2016 Share Posted January 19, 2016 The Thai Baht is not a freely tradeable currency and never has been. but whenever i am abroad the ATMs trade/hand out freely any local currency when i use my Siam Commercial or Kasikorn debit card. Same same - without pre-advising the bank. Maybe Naam and I are just V.I.P. customers Link to comment Share on other sites More sharing options...
Jip99 Posted January 19, 2016 Share Posted January 19, 2016 OK, try sending 1,000,000 Bt from your Thai account to another country. What about the restriction that you can only send out as much money (with all the hassle) as you brought in. There are no such restrictions with currencies like the US$, sterling, Euro etc. etc. What I should have said was that it is not a freely convertible currency. Did that last year with Kasikorn. I said I thought it would be less easy. Lady said "It is your money, you can transfer every day if you wish". Link to comment Share on other sites More sharing options...
Naam Posted January 19, 2016 Share Posted January 19, 2016 I called Kbank and told them to enable international withdraws on my last trip to Myanmar. I didn't have any problems taking money out at the ATMs there. You just have to call ahead and inform the country and dates you want to take money out.i i have never "called ahead and informed..." neither with Siam Commercial nor with Kasikorn using ATMs in Asia, Europe and South America. Link to comment Share on other sites More sharing options...
elgordo38 Posted January 19, 2016 Share Posted January 19, 2016 It's quite common now for banks to require you to enable your card to be used overseas. It's an anti-fraud measure. As Crossy says just check and make sure before you go. It's not limited to Thailand either. It's the same for my bank in SIngapore, although I can change the setting online rather than having to ring a call centre. I don't believe its an anti fraud measure. Its a we want to keep track of you and know what your doing measure. Last night I pulled a large sum through Forex my darn money and they had the gall to ask me what the money was for. Its getting ridiculous. Link to comment Share on other sites More sharing options...
Suradit69 Posted January 19, 2016 Share Posted January 19, 2016 It was unable for international withdrawal last year... What about to be affiliated to visa if you can't serve your customers to ATMs with your card and your pin code, ridiculous... My US based credit cards expect me to notify them when I'm going to be using them outside the US. I can do it online, but each notification is only good for some maximum ... 3 months? 6 months not sure. I don't use the cards often and when I notify them I usually say I'll be here for 3 months. I know it wouldn't be good for over a year. Sounds like Kasikorn is following standard procedures. As someone else said, it's for security ... yours and theirs and a reasonable thing to do. Link to comment Share on other sites More sharing options...
Langsuan Man Posted January 20, 2016 Share Posted January 20, 2016 It was unable for international withdrawal last year... What about to be affiliated to visa if you can't serve your customers to ATMs with your card and your pin code, ridiculous... My US based credit cards expect me to notify them when I'm going to be using them outside the US. I can do it online, but each notification is only good for some maximum ... 3 months? 6 months not sure. I don't use the cards often and when I notify them I usually say I'll be here for 3 months. I know it wouldn't be good for over a year. Sounds like Kasikorn is following standard procedures. As someone else said, it's for security ... yours and theirs and a reasonable thing to do. My credit card company was the same, they wanted me to call them every three months to update the fact that I would still be overseas, wrote them and asked Barclays how a Miles and More Master card, designed for travellers would have such an inconvenient system for travel notification So tired of hearing that it is for my protection, I just use another card and M&M doesn't get the merchants fees for the 8 months I am here Link to comment Share on other sites More sharing options...
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