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I will be travelling in 10 countries in South East Asia for the next year. My bank will charge me $5 Can for each withdrawal from an ATM. How can I avoid these fees? Should I open an account at a large bank over there?

7 Answers

  • 0

    Open a Charles Schwabb account. They will reimburse all ATM fees and have no Forign Exchange fee. over 4 years ago

    Answered by Ed Melinn via Site_iconWorldNomads.com
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    I used a Capital One checking account which charged me no fee for any foreign withdrawal, but the banks within some countries did charge a fee. I found that I only had to pay fees in Thailand and Myanmar but as suggested above, if you check with your bank, they may wave the fee charged by the foreign bank. Plan ahead and maximize your withdrawals. And the Capital One Mastercard has no foreign transaction fee. If the merchant/bank asks if you want the transaction in your currency, say "no" and let your bank or credit card do the conversion. It usually works out better. over 4 years ago

    Answered by via Site_iconWorldNomads.com
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    Bring lots of cash......... over 4 years ago

    Answered by Glenn Harris via Site_iconWorldNomads.com
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    let plan your journey carefully and bring enough of cash about 4 years ago

    Answered by TeresaMill via Site_iconTravellr.com
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    You're Canadian? Get a Scotia or ING (now called Tangerine) card. They have a pretty good network that doesn't have fees for use. Many in SE Asia. But that's really your only option. about 4 years ago

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    you can't, the Thai banks (like any bank anywhere) will get their fees from you. about 4 years ago

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    Some people have told me you can open an account in Thailand with the Kasikorn bank. I have never done this myself, I suggest you ask someone on the SE Asia travel website travelfish.org. You have to be a member to ask questions but membership is free about 4 years ago

    Answered by via Site_iconTravellr.com

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