Gone are the days when there were no fees for withdrawing cash in Thailand. Now, tourists have to pay for each transaction. For those who withdraw small amounts frequently, the costs can add up significantly.

Where to Withdraw Cash in Thailand and What Are the Fees

You can withdraw cash in Thailand at ATMs and bank branches. In both cases, you’ll have to pay an additional fee. Let’s take a closer look at these two options.

At ATMs

ATMs in Thailand are called “ATM.” That’s the sign you should look for to withdraw cash. The fee for withdrawing money with foreign cards is fixed and averages 220 baht ($7) per transaction. Your bank may also charge an additional fee.

Gone are the days when there were no fees for withdrawing cash in Thailand. Now, tourists have to pay for each transaction. For those who withdraw small amounts frequently, the costs can add up significantly.

Where to Withdraw Cash in Thailand and What Are the Fees

You can withdraw cash in Thailand at ATMs and bank branches. In both cases, you’ll have to pay an additional fee. Let’s take a closer look at these two options.

At ATMs

ATMs in Thailand are called “ATM.” That’s the sign you should look for to withdraw cash. The fee for withdrawing money with foreign cards is fixed and averages 220 baht ($7) per transaction. Your bank may also charge an additional fee.

When you enter a bank branch, you need to get a number to see a teller. As soon as a teller calls you to the window, you need to show them your passport and bank card and state the amount you need. Fees at bank branches may be lower than at ATMs, but they usually refuse to dispense small amounts.

Comparison of Terms at Different Banks in Thailand

Let’s compare Thai banks that offer the most favorable terms for cash withdrawals:

Withdrawing Cash at Kasikorn Bank

Kasikorn Bank is a rapidly growing commercial bank that is becoming an increasingly popular choice among tourists. More than 10,000 of its ATMs operate 24 hours a day, seven days a week, throughout Thailand.

At KBank, you can apply for a PAY & TOUR card, which allows you to withdraw funds from the bank’s ATMs without a fee.

Benefits of the PAY & TOUR card:

• Quick and easy application (only a passport is required);
• No service fees;
• The option to refund any remaining balance at the end of your trip at the exchange rate at which the currency was purchased;
• No hidden fees for currency conversion.

The PAY & TOUR card is a convenient and cost-effective solution for everyday payments and cash withdrawals.

How to Withdraw Money from KBank ATMs Without a Fee

You can withdraw funds from Kasikorn Bank ATMs without additional fees using a PAY & TOUR card. The daily limit is 10,000 baht ($320).

When withdrawing cash with other international cards, you’ll incur a fixed fee. The withdrawal limit in this case is 30,000 baht ($955) per transaction.

You can withdraw cash from a Kasikorn Bank ATM in just a few steps:

1. Insert your card and enter your PIN;
2. Select “Change Language”;
3. Select your preferred language;
4. Press “Cash Withdrawal”;
5. Enter the desired transaction amount;
6. Receive your cash;
7. Remove your card and take your transaction receipt.

Tips for Travelers: How to Avoid Unnecessary Expenses

Although paying with bank cards and QR codes is very common in Thailand, tourists still need cash. The following tips will help you save money on cash withdrawals:

• Withdraw the maximum amount per transaction. That way, you won’t have to pay an extra 220 baht each time.
• Visit bank branches, where withdrawal fees are lower than at ATMs.
• Use cards designed specifically for travelers. Some of them offer reduced fees for withdrawing cash abroad.
• Get a PAY & TOUR card, which allows you to withdraw cash from KBank ATMs without a fee.

So, you can withdraw cash in Thailand at ATMs and bank branches. In most cases, you’ll have to pay a fee. However, holders of the PAY & TOUR card from Kasikorn Bank can withdraw cash without a fee at this bank’s ATMs.

FAQ

Conclusion

The PAY & TOUR card from Kasikorn Bank is an excellent option for tourists who want to withdraw cash at ATMs without fees and save money on every transaction. By following these simple tips, you’ll minimize your expenses and make your vacation more comfortable.