Yes you have choices. I would vote with my feet. I offered you a simple solution. Change your Direct-Dep to a US bank then transfer funds to your Thailand bank or use a ATM card. Schwab and Capitol One both offer no-fee ATM cards.Peter USNR wrote:No choice for Direct Deposit to Thailand as only Bank is Bangkok Bankmerchant seaman wrote:On page one of this thread Jello posted the fees imposed by Bangkok Bank N.Y., where did he get them? If Bangkok Bank is in violation of U.S. law as you claim, why are you still using them? Or is it just a matter of stirring the pot?
You have no case. Your previous posts have proven nothing. You cannot quote a actual statute of state, federal or international law that's being broken.
The e-mail you posted from Catherine does not state that any law is being broke and does not indicate that she is considering a law suit.
If the bank did not give you a copy of the account agreement when you opened the account, (they gave me one) you can bet they have a copy on file of one with your signature on it that they will say they gave you.
You did not perform your due diligence on the account for 4 years. You can blame no one but yourself for that.Peter USNR wrote: I have only learned of this fee amount this year and have been dealing with them since 2010.
Best advice, get over it and move on.
Really.Peter USNR wrote:For the interest of all of those you are truly interested in this issue and the Class Action Law Suit I have spent 1 1/2 years on this.
I found this Federal Regulation in less than 5 minutes: (Truth in Savings Regulation DD)
Your Bangkok Bank account is in a Thailand branch. The fact that you allow BKB-NY to collect your funds and transfer them to the Thailand branch does not change that.12 CFR Part 230, Supplement I to Part 230 - Official Staff Interpretations
(c) Coverage
1. Foreign applicability. Regulation DD applies to all depository institutions, except credit unions, that offer deposit accounts to residents (including resident aliens) of any state as defined in § 230.2(r). Accounts held in an institution located in a state are covered, even if funds are transferred periodically to a location outside the United States. Accounts held in an institution located outside the United States are not covered, even if held by a U.S. resident.
http://www.law.cornell.edu/cfr/text/12/ ... upplementI
Now quit stewing over this, get out and enjoy your retirement!
PS,
In ref. to the picture of your direct-dep form you posted: It's not a good idea to post your bank account number, address, social security number (you blacked it out, but you can still make out the numbers) e-mail address and example of your signature on a internet forum. You've made yourself a easy target for a identity thief.