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Thai Banks now charge ATM Withdrawal Fee

The Thai Bankers’ Association have recently introduced ATM cash withdrawal fees for credit and debit cards registered outside of Thailand. The fee is 150 Baht per transaction and is being phased in from April 17, 2009. Please note that this new fee is a separate addition to any fees that your home bank may already charge for overseas ATM cash withdrawals.

So if you take money out, do it in big lots rather than lots of smaller ones. 150 Baht is roughly £2.50 at the moment.

Comments

  • Tojo_Ralph
    Tojo_Ralph Posts: 8,373 Forumite
    1,000 Posts Combo Breaker
    See below link to earlier thread on subject.

    http://forums.moneysavingexpert.com/showthread.html?t=1634953
    The MSE Dictionary
    Loophole - A word used to entice people to read clearly written Terms and Conditions.
    Rip Off - Clearly written Terms and Conditions.
    Terms and Conditions - Otherwise known as a loophole or a rip off.
  • MARKMAKAVELI
    MARKMAKAVELI Posts: 276 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    Hi,

    I would like some clarification please. I have a Halifax "All in one" credit card, which I am going to balance transfer £1000 spends to my Nationwide Debit Card.

    I am going to Thailand for 2 weeks and Australia for 6 weeks straight after that.

    Is the cheapest option for me to use my Nationwide Debit Card in both countries? Im aware of the bank charges, so I could do one big transaction for £600 when I arrive in Bangkok, then withdraw a couple hundred each time in Oz?

    Are the charges stupidly high in Oz too? Thanks
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