Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Friday, November 6, 2015

Are Thai banks ripping off consumers?

A Thai woman walks in front of an advertisement poster of Krungsri Ayudhya Bank in Bangkok , Thailand. Pic: AP.

A Thai woman walks in front of an advertisement poster of Krungsri Ayudhya Bank in Bangkok , Thailand. Pic: AP.

Thailand’s excise exemption on new cars but thousands of new vehicles on the road, but many can’t afford them. Pic: AP.

by 5th November 2015
WHEN one wanders around Thailand today, so many people can be seen struggling with their loan and credit card repayments to banks. There are always complaints by expats of unreasonable bank charges on the pages of bulletin boards, whereas on travel pages there are warnings about poor Thai bank foreign exchange rates at airports.