From Could 1st, Thai industrial banks will cost their prospects a 1% Dynamic Forex Conversion (DCC) charge for making money withdrawals overseas.
The same charge will even be levied on using Visa or Grasp bank cards for transactions made overseas for items or companies or via on-line shops that are registered exterior Thailand.
As an illustration, paying a Netflix membership charge, shopping for merchandise via TikTok, Alibaba or Amazon or making resort bookings by way of Agoda will even be topic to the 1% DCC charge.
The banks declare that the DCC cost is according to bank card practices for transactions overseas including, nevertheless, that prospects have an choice to make use of “journey playing cards” with none further charges.
