Maximum ATM withdrawal and lowest fee

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moater
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Re: Maximum ATM withdrawal and lowest fee

Post by moater » Sat Jan 28, 2017 3:45 am

Some special accounts in Thai banks allow withdrawing anywhere and at any other bank atm free of charge. One example is krungsri's Jad Hai savings account. From their website:

"Free! withdrawals fee at any ATMs nationwide that support visa chip technology and atm plus.
Free! balance inquiry fee at any ATMs nationwide that support visa chip technology and atm plus."

I can confirm that it works as advertised.

Jesse
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Re: Maximum ATM withdrawal and lowest fee

Post by Jesse » Sat Jan 28, 2017 6:36 am

Yesterday, for the first time ever, my ATM fee was 220 bt. This was at a green Kasikornbank ATM. I suspect all the other banks will shortly be charging 220 bt, if they aren't already. Luckily, the card I use is with a USA investment firm that reimburses the ATM fee back into my account within a couple days.

handdrummer
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Re: Maximum ATM withdrawal and lowest fee

Post by handdrummer » Sat Jan 28, 2017 9:22 am

I have a Citibank Thai card that allows me to withdraw funds at any bank in Thailand and no fee is charged. I can withdraw up to 50,000 baht daily.

brianks
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Re: Maximum ATM withdrawal and lowest fee

Post by brianks » Sun Jan 29, 2017 10:20 am

Set up an account with Bangkok Bank then withdrawals in area are free. You can transfer money from U.S. via Bangkok Bank of New York. I don't know if they have similar arrangement from UK. I make my monthly transfer from US bank account to Bangkok Bank of NY and it is automatically transferred to my Bangkok Bank account in Thailand.

Its the simplest way I have found to get money over here from farangland.

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crazy88
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Re: Maximum ATM withdrawal and lowest fee

Post by crazy88 » Sun Jan 29, 2017 10:45 am

Most of the posters seem to be using cards from their own country. Why do you not just open a Thai bank account and transfer in your money that you think you will need? No charges for ATM withdrawls if it is your own bank machine. I have Bangkok bank 150,000 per day, Kasikorn 200,000 per day, Krungsi 40,000 but I know I can upgrade it. Annual fees of between 150-700 bt apply. Drawing cash you have to give notice if very large amounts. Bank policy varies on that.

Crazy 88

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