Originally Posted by
dwftforum
I use ATM for all my cash in Thailand (and won't use any other method on the grounds of convenience).
To minimise the effect of charges I always withdraw the maximum possible. This appears to be 20,000 Baht ... but I haven't used all the ATMS of all the different banks.
So my question ... does any particular bank allow more than 20,000 Baht in a single transaction?
Citibank has up to 40000 as standard as allowed me in the past even 80000 at once.
Recently I got a Mail, that they want to limit the ATM amount for foreign withdrawal in general to 500 Eur per day, which would be in the ballpark of 20000 or a little less right now. There was a lot of shady business going on, why this process is implemented. IMO a bad move.
In general even if a crap bank, Citi never charges for withdrawal in other countries (only very few exceptions like North Korea and such)... which is the pretty much the reason, why I still maintain that account.
Alternative:
For Germans (EU citizens) also another option exist. Some Banks (eg DKB) have co-operations with VISA that allow to withdrawal money all around the world for free with their credit card. The usual extra fee many local banks charge, 150 baht in Thailand, will be reimbursed by the bank later.