Withdrawing money from an ATM in Thailand can be a quick and convenient way to access cash when you’re traveling. However, it’s important to know what to expect in terms of fees and commission so you can budget accordingly. In this article, we’ll provide you with a step-by-step guide on how to withdraw money from an ATM in Thailand, as well as information on the commission fees you may incur.
Step-by-step instructions for withdrawing money from an ATM in Thailand
First, it’s important to note that many ATMs in Thailand accept both local and international cards, such as Visa, Mastercard, and Maestro. To start the process, you’ll need to locate an ATM and insert your card. You’ll then be prompted to select the language and enter your pin number.
Once you’ve successfully logged in, you’ll be presented with a menu of options. To withdraw money, select “Withdrawal” and then enter the amount you wish to take out. Make sure you take into account any withdrawal limits that may be imposed by your bank or the ATM itself.
After you’ve confirmed the amount, the ATM will dispense your cash. Be sure to count the money before leaving the machine and report any discrepancies immediately.
Now, when it comes to commission fees, the amount you’ll be charged will depend on a number of factors, such as your home bank, the bank operating the ATM in Thailand, and the type of card you’re using. In general, you can expect to pay a fee of around 150 to 200 Thai Baht per transaction, plus any additional fees imposed by your home bank.
It’s always a good idea to check with your bank before traveling to determine what fees they charge for ATM withdrawals abroad. Some banks may also have partnerships with certain foreign banks that allow their customers to withdraw money without incurring any additional fees.
In conclusion, withdrawing money from an ATM in Thailand is a simple and convenient way to access cash when you’re traveling. Just be sure to familiarize yourself with the commission fees that may be involved and plan your budget accordingly.