{"id":2800,"date":"2024-03-11T15:15:30","date_gmt":"2024-03-11T08:15:30","guid":{"rendered":"https:\/\/plizz.co\/?p=2800"},"modified":"2024-03-11T15:15:31","modified_gmt":"2024-03-11T08:15:31","slug":"1-fee-to-be-charged-on-credit-card-transactions-abroad-in-baht-from-may-1","status":"publish","type":"post","link":"https:\/\/plizz.co\/th\/blog\/1-fee-to-be-charged-on-credit-card-transactions-abroad-in-baht-from-may-1\/","title":{"rendered":"1% fee to be charged on credit-card transactions abroad in baht from May 1"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/plizz.co\/wp-content\/uploads\/2024\/03\/MybYAnJsgoEw3xGdPkmZ-1024x576.webp\" alt=\"MybYAnJsgoEw3xGdPkmZ\" class=\"wp-image-2801\" srcset=\"https:\/\/plizz.co\/wp-content\/uploads\/2024\/03\/MybYAnJsgoEw3xGdPkmZ-1024x576.webp 1024w, https:\/\/plizz.co\/wp-content\/uploads\/2024\/03\/MybYAnJsgoEw3xGdPkmZ-300x169.webp 300w, https:\/\/plizz.co\/wp-content\/uploads\/2024\/03\/MybYAnJsgoEw3xGdPkmZ-768x432.webp 768w, https:\/\/plizz.co\/wp-content\/uploads\/2024\/03\/MybYAnJsgoEw3xGdPkmZ-18x10.webp 18w, https:\/\/plizz.co\/wp-content\/uploads\/2024\/03\/MybYAnJsgoEw3xGdPkmZ.webp 1300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>March 03, 2024<\/p>\n\n\n\n<p><strong>Visa and Mastercard credit card holders will have to pay a fee of 1 per cent for transactions and ATM withdrawals made overseas in baht.<\/strong><\/p>\n\n\n\n<p>The fee is being levied for currency conversion.<\/p>\n\n\n\n<p>When travelling abroad and using credit cards for purchases at international stores, individuals will be presented with the option of paying in the local currency of the country or baht. If the user chooses to pay in baht, an additional 1% fee will be charged.<\/p>\n\n\n\n<p>When withdrawing baht through\u00a0<strong>ATMs<\/strong>\u00a0abroad, a\u00a0<strong>Dynamic Currency Conversion<\/strong>\u00a0(<strong>DCC<\/strong>) fee will be charged. This fee amounts to 1% of the total expenditure or cash withdrawal.<\/p>\n\n\n\n<p>If a transaction is cancelled, the 1% DCC fee will be refunded to the credit card account of the primary cardholder.<\/p>\n\n\n\n<p><strong>Kasikornbank<\/strong>,\u00a0<strong>Bank of Ayudhya<\/strong>,\u00a0<strong>TMB Bank<\/strong>, and\u00a0<strong>UOB<\/strong>\u00a0(<strong>United Overseas Bank<\/strong>), as well as\u00a0<strong>KTC<\/strong>,\u00a0<strong>Cards EX<\/strong>, and\u00a0<strong>AEON Thana Sinsap<\/strong>\u00a0have notified their customers that the fee will take effect from May 1.<\/p>\n\n\n\n<p>Source:<a href=\"https:\/\/www.nationthailand.com\/blogs\/thailand\/economy\/40036058\"> The Nation<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>March 03, 2024 Visa and Mastercard credit card holders will have to pay a fee of 1 per cent for transactions and ATM withdrawals made overseas in baht. The fee is being levied for currency conversion. When travelling abroad and using credit cards for purchases at international stores, individuals will be presented with the option [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":2801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>1% fee to be charged on credit-card transactions abroad in baht from May 1<\/title>\n<meta name=\"description\" content=\"Read our article &quot; 1% fee to be charged on credit-card transactions abroad in baht from May 1 &quot;. 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