FlyerTalk Forums - View Single Post - Debit cards without forex fee and other-bank ATM fees?
Old May 30, 2012 | 10:14 am
  #25  
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Originally Posted by biggestbopper
To provide current Schwab debit card info, I used mine last month many times in Asia and received both a good exchange rate and the automatic rebate of fees charged by the local banks.

Thus the $5 ATM fee, evidently instituted by Thai banks solely to take foreigners' money, is rebated by Schwab with no effort on my part.

Personally, I walk over to a Citi ATM in Bangkok to avoid the fee, Citi and, I understand, some other non-Thai banks being the only ones not charging the $5. Don't save any money 'cause Schwab would rebate the five bucks, but it makes me feel better.
Thanks for posting this info. I would do the same if in the same situation, i.e. use the foreign banks for ATM withdrawals.
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