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#11
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ATMs in Thailand
On Wed, 12 May 2004 16:10:42 +1000, A Mate wrote:
The bank whose ATM you are using makes no charge. Your bank is the only one which will charge. The exception is when using 'private' ATM's. They're rare, even in the USA; Um. That's not not rare at all in the US. It's actually the norm. A few years back, some of the major banks got the idea that they could encourage people to bank with them by charging other banks' customers excessive ATM fees. Some of the smaller banks joined together to create a collective that would not charge customers of banks within the collective. Credit unions did the same. But it is still expensive to use a major bank's ATM if you don't bank there and most of those fees go the bank that owns the ATM. Some newer banks have a scheme for free access to any ATM, but that's just the bank absorbing the fees, and there is limit on the number of transactions. -- Photos and travelogues from Africa and Southeast Asia: http://www.exile.org |
#12
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ATMs in Thailand
Alfred Molon wrote in message m...
I also have a Citibank account here in Germany and can withdraw money abroad with no fees. When I withdraw money abroad from another ATM there is a fee of 3.50 Euro, while the exchange rate is the same. Rate is the same ? Same compared to what ? Retail rates are always inferior to wholesale rates. |
#13
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ATMs in Thailand
Eric Edwards wrote:
On Wed, 12 May 2004 16:10:42 +1000, A Mate wrote: The bank whose ATM you are using makes no charge. Your bank is the only one which will charge. The exception is when using 'private' ATM's. They're rare, even in the USA; Um. That's not not rare at all in the US. It's actually the norm. I believe the discussion was about using foreign ATM cards. In the USA almost no bank ATM will charge the fee unless you have a card from a competing US-based bank. Read the fine print on the fee notice (or try it, if you have a foreign card). miguel -- Hit The Road! Photos and tales from around the world: http://travel.u.nu |
#14
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ATMs in Thailand
Chris Blunt wrote:
Its very unusual for an ATM to make a charge for using a card issued overseas. Some machines in the US do that, but I don't think any in Thailand do. Also, the exchange rate is set by the bank that issues your card, not the operator of the ATM, so the rate will be unaffected by which machine you use. If I withdraw money with my Citibank ATM card from a non-Citibank ATM there is a fee of 3.50 Euro (no such fee if I withdraw from a Citibank ATM). -- Alfred Molon http://www.molon.de/Galleries.htm - Photos from Myanmar, Brunei, Malaysia, Thailand, Laos, Cambodia, Nepal, Egypt, Austria, Budapest and Portugal |
#16
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ATMs in Thailand
On Wed, 12 May 2004 20:18:52 +0200, Alfred Molon
wrote: Chris Blunt wrote: Its very unusual for an ATM to make a charge for using a card issued overseas. Some machines in the US do that, but I don't think any in Thailand do. Also, the exchange rate is set by the bank that issues your card, not the operator of the ATM, so the rate will be unaffected by which machine you use. If I withdraw money with my Citibank ATM card from a non-Citibank ATM there is a fee of 3.50 Euro (no such fee if I withdraw from a Citibank ATM). Right, but my point was that any fee would come from your own bank (Citibank in this case), not from the bank whose ATM you were using. |
#17
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ATMs in Thailand
Okay......., Im a week in Russia and 3 weeks in Thailand and I wish to
use my Citibank debit ATM card. In Brazil I had no problem because Citibank ATM was readily available, but this will probably not be the case in Thailand or in Russia. So is there a better USA bank for me to use for Thai ATMs ?(USA for convenience) than Citi? Next Citi claims I may use other than Citibak ATMs 5 times a month with no Citi charge.... will I still be charge by the ATM owner(bank) |
#18
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ATMs in Thailand
Chris Blunt wrote:
If I withdraw money with my Citibank ATM card from a non-Citibank ATM there is a fee of 3.50 Euro (no such fee if I withdraw from a Citibank ATM). Right, but my point was that any fee would come from your own bank (Citibank in this case), not from the bank whose ATM you were using. Actually I don't know who pockets these 3.50 Euro - it might well be that the Thai bank and the Citibank share them. -- Alfred Molon http://www.molon.de/Galleries.htm - Photos from Myanmar, Brunei, Malaysia, Thailand, Laos, Cambodia, Nepal, Egypt, Austria, Budapest and Portugal |
#19
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ATMs in Thailand
"elliot" wrote in message ... Okay......., Im a week in Russia and 3 weeks in Thailand and I wish to use my Citibank debit ATM card. In Brazil I had no problem because Citibank ATM was readily available, but this will probably not be the case in Thailand or in Russia. So is there a better USA bank for me to use for Thai ATMs ?(USA for convenience) than Citi? Next Citi claims I may use other than Citibak ATMs 5 times a month with no Citi charge.... will I still be charge by the ATM owner(bank) Dont really see why this is such an issue. Surely if you can afford this trip you can afford a few small bank charges? Use Citibank when you can, and put up with their charges when you have to use another bank - just avoid withdrawing small amounts often. Carry some cash US$ or Euro if you need to chage small amounts. And ask Citibank if there are other banks' ATMs where they do not charge. Surely they know better than people here? |
#20
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ATMs in Thailand
In article ,
elliot wrote: Okay......., Im a week in Russia and 3 weeks in Thailand and I wish to use my Citibank debit ATM card. In Brazil I had no problem because Citibank ATM was readily available, but this will probably not be the case in Thailand or in Russia. There are some but not many in Thailand. No idea about Russia. So is there a better USA bank for me to use for Thai ATMs ?(USA for convenience) than Citi? Talk to them about getting all the ATM fees waived. Worked for me. Given that, I couldn't imagine a better bank for traveling. They have offices all over the place, they accept collect phone calls from anywhere in the world, and they know how to get you money ASAP if something happens to your card (faster, in my experience, than American Express can if you lose your travelers checks). Next Citi claims I may use other than Citibak ATMs 5 times a month with no Citi charge.... will I still be charge by the ATM owner(bank) As several people have already answered, no, you will not be charged any fees by the ATM owner if you use bank ATMs in Thailand. miguel -- Hit The Road! Photos and tales from around the world: http://travel.u.nu |
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