Thai banks to start charging for ATM withdrawals where a foreign card is used

tafer2uk

I searched the forums and couldn't see this posted so hope it's not a duplicate. Thought it may be useful for anybody planning to go to Thailand.

Effective from 17th April 2009 Thai banks are to charge 150 baht (£3 approx at current exchange rates) per transaction when withdrawing cash using a credit or debit card on top of any charges your own bank makes. I tried to post link but being classed as a newbie I'm not allowed.

I'm off to Thailand in June and I'm currently researching alternatives to my Nationwide debit card as they are passing on a 1% Visa charge as well. I may have to go back to using travellers cheques:rolleyes:

Donnie

What it means is that members of the TBA may impose a 150 baht charge per withdrawal.
Not all of the members have imposed this charge yet.

If they do, your only recourse will be to use a bank which is not a member.

List of members here

tafer2uk

Thanks, that was the link I tried to post, by all accounts there are very few Thai banks that aren't members. It may not be too bad in Bangkok as there may be branches of some of the big international banks people can withdraw cash from. In the tourist resorts I'm guessing you will have no choice.

Donnie

Not all of them are charging as of yet. Monday will bring further news.

So far, these are the ones to avoid;

Siam Commercial Bank SCB

Thai Military Bank TMB

Bangkok Bank

Siam City Bank

cowellandrew

also add krung thai bank to your 150baht charge list bring travellers cheques!

Donnie

There are still a few that don't. I'll research and post them here if needed.

anudeglory

Don't forget your UK bank will also charge you along with the Thai surcharge.

tafer2uk

Thanks for the info Donnie. Do you or anybody else know of any banks still not charging:question:

Donnie

Kasikorn Bank
Government Savings Bank
United Overseas Bank

tafer2uk

Donnie wrote: »

Kasikorn Bank
Government Savings Bank
United Overseas Bank

Thanks, looks like I will have to find a Kasikorn Bank, I'm off to Ao Nang in Krabi and couldn't see if the other two had atm's there.

Could I ask where you got the info from (so I can keep myself updated), I don't go while June and would be interested in knowing if the banks you've listed are still not charging in June.

Donnie

Look here.