manaomaiminam Posted June 16, 2009 Report Share Posted June 16, 2009 What ThaiHome says above is correct as far as Visa/MC/DinersClub, etc. transactions on US cards used for any transaction in a foreign currency, whether the transaction is cash or a charge (a hotel room, a meal, shopping, etc.). As I said in an earlier statement, the transaction fee will vary, Citibank is 3 percent, FIA (which used to be MBNA)is 2 percent, Bank of America I believe is 3 percent, Capitol One is 0 percent (yes I said zero). Bank of Scotland by the way charges 2 percent. You can do a search on google and get a listing of most international banks and what they charge (http://europeforvisitors.com/europe/articles/credit_card_surcharges.htm). Again, we are speaking of only Visa/MC credit cards NOT debit cards. As far as debit cards and ATM cards go, your local USA bank or credit union (whoever issued the debit or atm card, and they are different) will tell you what the charge is for foreign cash transactions. My credit union charges 1 percent, and I see it hit my ledger about 3 days after I do a foreign transaction here in Thailand. If I take out 10,000 baht (and the 150 baht fee is rolled into the exchange in my case), I will see a hit for $295.40 (for example) and then an additional ledger entry for $2.95 a few days later. The 150 baht surcharge is above and beyond all this. In my case, it is rolled into the exchange, and is NOT listed as a separate charge when I look into my ledger and see the exchange entry. Link to comment Share on other sites More sharing options...
cavanami Posted June 16, 2009 Report Share Posted June 16, 2009 ...that sucks!!! Link to comment Share on other sites More sharing options...
.. Posted June 18, 2009 Author Report Share Posted June 18, 2009 Government Savings Bank (ATM at Asoke BTS station): -- NO fee -- B34.14/US$ (BBL rate is B33.73) Using a MasterCard ATM/debit card from a small bank in the States on the Jeanie/Plus/NYCE/Star networks. Cheers, SD Link to comment Share on other sites More sharing options...
cavanami Posted June 18, 2009 Report Share Posted June 18, 2009 Excellent...more then one way to skin the cat!!! Link to comment Share on other sites More sharing options...
Central Scrutinizer Posted June 19, 2009 Report Share Posted June 19, 2009 Anyone know if TMB (Thai Military Bank) is charging these ATM fees? Link to comment Share on other sites More sharing options...
cavanami Posted June 21, 2009 Report Share Posted June 21, 2009 Confirmed yesterday that the UOB ATM is *** not *** charging the 150 Baht "fee". Link to comment Share on other sites More sharing options...
.. Posted June 23, 2009 Author Report Share Posted June 23, 2009 Bangkok Bank: -- B150 fee -- B33.84/US$ (BBL cash rate is B33.75) Using a MasterCard ATM/debit card from a small bank in the States on the Jeanie/Plus/NYCE/Star networks. Cheers, SD Link to comment Share on other sites More sharing options...
cavanami Posted June 23, 2009 Report Share Posted June 23, 2009 Ouch! So BKK Bank is off my list! actually has been off the list for several years...poor exchange rates mainly. Looks like UOB is presently the best way to go. Link to comment Share on other sites More sharing options...
.. Posted June 24, 2009 Author Report Share Posted June 24, 2009 The advantage to BBL ATMs is that they allow you to take out B25k, vs. B20k for the rest. So that amortizes the fee over more $$. I've not tried UOB, but GSB is also fine. Cheers, SD Link to comment Share on other sites More sharing options...
Central Scrutinizer Posted June 24, 2009 Report Share Posted June 24, 2009 Been using the UOB atms the past week. No charge for now. Link to comment Share on other sites More sharing options...
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