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ATM

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a1motivator

3/22/2013 07:27 EST

A note here on this excellent resource for expats and would be expats on the ATM facility here in Thailand.
The statement made that no charge is made on ATM for USA debit Cards.
That is not true: $5.00 is the set fee or 150 Baht. on any amount exchanged.
The banks made this hike about 2 years ago.. Advice: use the debit card at all times where accepted by suppliers. at no charge
The bankers also require a disclaimer on the added fee they make on the currency rate at transfer time.
Again many thanks to the young lady who put this awesome 'Expat Exchange programme together. I just wish I had used my PHD task in a similar fab. idea.

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caughtintheact

From: Thailand

3/25/2013 10:55 EST

Good advice from a1motivator . I might add that if you use a credit card, mainly Mastercard as far as I have been able to determine, in some Thai bank ATMs you might be asked about a currency conversion....the option to select is No, If you select Yes, you might get charged a fee that is about double the normal fee. I do not recall the name of this, but it will appear on a separate screen either before the screen that asks if you will accept the Baht 150 fee or not.

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