hhfarang wrote: so are you saying that with USAA there is only the 1% charge and not the second charge and that they refund some of the international (local) ATM charges (up to $15 per month, at 150 baht per transaction they should refund 3 of the local fees per month).
Yes.
hhfarang wrote:
Also, according to the web site, I couldn't see any way to open an account without being a USAA member (USAA logon required first). If I can find my USNR discharge papers (that date is needed to apply for membership) I may qualify for membership but I can't locate those at the moment.
They don't want non members as banking customers but they have to take anybody because the bank is FDIC insured. The fine print at the bottom of https://www.usaa.com/inet/ent_utils/McS ... =bank_main states "Bank products provided by USAA Federal Savings Bank, Member FDIC. Purchase of a bank product does not establish eligibility for or membership in USAA property and casualty insurance companies."
I'm a member, so I don't know the process to open a bank account without being a member. I'd start with a phone call.
Nationwide Director Chris Rhodes commenting on the charges on their FlexiAccount debit card when it is used abroad said "from November, anyone using the card abroad will pay a 2% charge. Withdrawal from a cash machine will mean a further £1 fee".
Nationwide has decided to do this because a large amount of customers were using their Flexiaccount for the foreign benefits. 1.4 million used the card abroad, two thirds of which do not pay their salary into their account.
However, if you do pay a minimum of £750 a month into your account, you get £80 worth of free multi trip travel insurance. These policies can be extended to cover spouses and children at extra cost.
The banks will always get you coming and going.
I've lost my mind and I am making no effort to find it.
brianks wrote:As I have posted previously, why is anyone paying 150 baht fees for ATM withdraws? Just go to AEON on third floor of Market Village and withdraw up to 40,000 baht (if your bank will allow you that much in one transaction) with NO fee. .
Is this still the case ? Free at AEON. Anywhere else ?
I use Lloyds bank to transfer money to Siam comical bank, Lloyds charge of £13, for amounts, £1 = £5000. It’s a standard transfer and take 3 days. Siam comical they charge a small percentage to change it from Sterling to Thai Baht. I use my scb Debit/payment card at no charge as long it local (Hua Hin) I assume when the say foreign bank, that would only apply to me if I was to use my Lloyds debit card in Hua Hin, which, has always been the case if I use this card when outside the UK.
Apparently the new online transfer fee is less but I haven't actually used it yet so I can't confirm that.
I'm going to make a transfer this week so I'll let you know what the charge is.
I use Phone bank and have paid £13. On £1 -£5000. For a couple of years now.
Last month I sent £8000 and paid £20.
Thanks Ken, that means they have reduced their fees - it was 20 from when I 1st used it in 2005 and still was the last time I did about a year and a half ago.
Although it dosn't immediately help those of us who access our overseas money via ATMs here (the commissions UK banks charge for doing so) this might be a step in the right direction?
At least the banks have been pulled up on something and are saying that they'll be more transparent about their overseas charges: http://www.guardian.co.uk/business/2011 ... s-scrapped
