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BANGKOK 24 July 2019 10:06
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SunsetT

Atm Charge Increased...............

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...........Just want to let everyone know that the , sorry, bankers, seem to have increased the foreign ATM charge from 150 to 180 baht.

Dont forget that you can avoid this charge by using AEON ATMs, but avoid them at the very end and beginning of the month as they then have huge painfully slow moving queues of Thais paying in their monthly loan repayments.

Edited by Rimmer
Profane and racist
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Some cards at AEON. I have three cards from one U.S. bank, two incur the Thai Bankers Assoc charge of baht 150, or what ever it is now, finally got a 3rd card from that bank that is free of the charge.

Have two other U.S. bank accounts at different banks, the cards from both of these banks get hit by AEON.

Velly strange....

Mac

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Noted.

There's maybe half a dozen Aeon ATM's in Udon Thani. The one that has given me most trouble, upstairs at Big-C, is probably the original one, well used, a known card eater, frequently being repaired and to be avoided at ALL times.

There's a brand new, fast one on the 3rd floor in the new Central Plaza that serves my plastic these days.

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Noted.

There's maybe half a dozen Aeon ATM's in Udon Thani. The one that has given me most trouble, upstairs at Big-C, is probably the original one, well used, a known card eater, frequently being repaired and to be avoided at ALL times.

There's a brand new, fast one on the 3rd floor in the new Central Plaza that serves my plastic these days.

Hey- Keep quiet about that one! I thought I was the only farang that knew about it, as it is hidden well away from all the other banking facilities wink.png!

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With these increases ... a 12 to 15% shortfall in currency exchange (British pound) in the last 6 months and inflation - possible another 5/6% .. is Thailand finally losing it's attractioness ....

Add dirty, polluted beaches ... Hua Hin for example ... maybe time to rethink ...

Edited by rmacee
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The joys of having my Halifax credit card with no charges at all :)

Down to the exchange booth every week, get my cash, pay the same day through internet banking and no interest. Wonderful.

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Some cards at AEON. I have three cards from one U.S. bank, two incur the Thai Bankers Assoc charge of baht 150, or what ever it is now, finally got a 3rd card from that bank that is free of the charge.

Have two other U.S. bank accounts at different banks, the cards from both of these banks get hit by AEON.

Velly strange....

Mac

I hope that does not mean that AEON have also started charging the fee. Are your cards that incur the charge at Aeon Visa, Mastercard, or Amex?

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The joys of having my Halifax credit card with no charges at all smile.png

Down to the exchange booth every week, get my cash, pay the same day through internet banking and no interest. Wonderful.

But surely u then get the inferior exchange booth rate , whoever they are, and not the Mastercard rate on your Clarity card?

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Some cards at AEON. I have three cards from one U.S. bank, two incur the Thai Bankers Assoc charge of baht 150, or what ever it is now, finally got a 3rd card from that bank that is free of the charge.

Have two other U.S. bank accounts at different banks, the cards from both of these banks get hit by AEON.

Velly strange....

Mac

Are you sure you are thinking of the ATM fee (which you have option to void transaction at that point) or your home bank fee for overseas usage (normally 1 to 3% of the total amount. AEON AFAIK does not charge the Thai ATM pool fee.

Or perhaps those cards are not Visa/Mastercard but some other type such as Plus/Cirrus - not sure how they are treated.

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It's the Thai banking baht 150 fee, I get a warning even on AEON, so I cancel the transaction with these cards:

-- MasterCard Platinum, on the back of the card it has CIRRUS

-- At another U.S. bank, it's a VISA DEBIT card, on the back is has: PLUS, MONEY PASS, and PULSE

-- At the 3rd bank, it has neither MC or VISA, just has ATM CARD, on the back is JEANIE and PLUS

Just for the fun of it, I'll be back down to Future Park tomorrow, will run the first two cards above and see what haps.

Mac

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No matter what thai banks charge or not

My german online bank refound me everything!

Worldwide free withdrawal and get the best visa rate! Visa card and online acount also free!

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The joys of having my Halifax credit card with no charges at all smile.png

Down to the exchange booth every week, get my cash, pay the same day through internet banking and no interest. Wonderful.

But surely u then get the inferior exchange booth rate , whoever they are, and not the Mastercard rate on your Clarity card?

When I checked at the ATM I was getting better rates at the FX booth and no charges too.

Bangkok Bank exchange rates. Parity with other rates I see on the internet.

Edited by pattayadingo

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The joys of having my Halifax credit card with no charges at all smile.png

Down to the exchange booth every week, get my cash, pay the same day through internet banking and no interest. Wonderful.

But surely u then get the inferior exchange booth rate , whoever they are, and not the Mastercard rate on your Clarity card?

When I checked at the ATM I was getting better rates at the FX booth and no charges too.

Bangkok Bank exchange rates. Parity with other rates I see on the internet.

Here we go again on exchange rates............You dont have to accept the rate which is offered on the ATM screen which is a rip off.......See below my post and another's copied from a previous thread........

"I think you guys are missing something......There are 2 exchange rates you can now get from Thai ATMs using a 'Visa' or 'Mastercard' card and others which Im not familiar with. I rarely use any other ATMs now except Aeon when in Thailand to avoid the 150bt charge, but the last time or 2 when I had to use another ATM I noticed this:First u get offered on the ATM screen the exchange rate that the ATM bank itself uses and gives its customers. But SAY NO to this option and then u will get the Visa or Mastercard exchange rate which is far better. Not content with the 150 baht charge the greedy banking bustards have now come up with this little ruse/scam to skim off the difference, I assume, between the 2 rates. As I said I rarely use any ATMs in Thailand except Aeon so Im not sure if all the Thai banks r doing this. With Visa and Mastercard plastic u r meant to get their own exchange rates and not those that the greedy banks offer.....The banks have realised the consumer confusion on this, and once again they r taking advantage of us and cashing in. Also when shopping anywhere abroad or in Duty Free with plastic always ask to pay in the local currency and not in dollars or the currency of your home country or u will be ripped off in the same way. Posted 2012-09-25 09:02:24
It showed you the exchange rate at the ATM!

That is what you have to be warned of.

It is called dynamic currency conversion and is a real rip off.

In reality it means that the ATM operating bank determines the exchange rate and not as usual the card issuing organization.

I am aware that Bank of Ayudhya does this kind of rip off."

SunsetT writes............This is international...............I was just offered it at a Spanish ATM...........JUST SAY NO, and u'll get the Visa or Mastercard rate which is much better. It usually beats BKK bank rate (allowing for the different rate when u withdraw the cash and when the transaction is processed by your bank back home. Visa & Mastercard give u the rate when it is processed not when u withdraw it.
You sound like u r quite content with the rate u get at the FX booth, but I post this for the benefit of all.
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Open a Thai bank account and avoid any charge at ATM....After having transferred a significant amount (by swift transfer) when rates are good.

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No matter what thai banks charge or not

My german online bank refound me everything!

Worldwide free withdrawal and get the best visa rate! Visa card and online acount also free!

Is that the DKB Bank ???

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