The fee applies to withdrawals in which the customer uses a Visa Card or a MasterCard to obtain cash from a Thai Pool linked ATM. Institutions such as Bangkok Bank, Kasikorn Bank and the Bank of Ayudhya posted details of the fee increases on their websites and noted the fees apply for each transaction.
The previous increase from THB150 to THB180 was just one year ago. Prior to the introduction of the THB150 fee, foreign tourists did not pay any service fees at all for cash withdrawals on overseas issued cards at the majority of Thai banks’ ATMs.
While the fee for using a foreign card is now THB200, the charges for using a card issued by a domestic Thai bank remain at THB20. Charges for using a Thai issued card are usually only applicable when withdrawing from an ATM in another province.
One way of reducing ATM service fees is to use an AEON machine. These only charge THB150 per withdrawal. Paying for products online, such as travel tickets from 12GO ASIA, is also fee-free.
Thai banks raise ATM fees to THB200 per withdrawal
News in Asia
Major banks in Thailand have increased the cost for tourists of making a withdrawal from their home banks via an Automated Teller Machine. The service fee for a withdrawal using an overseas issued debit or credit card went up on Friday 6 November 2015 to THB200.