BitoPro X Bankee Launch First Crypto-Dedicated Bank Account in Taiwan

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The integration of traditional finance and digital assets is taking a significant leap forward with the launch of Taiwan’s first dedicated cryptocurrency banking solution. BitoPro, a leading local crypto exchange, has partnered with Bankee, the digital banking platform by Far Eastern International Bank, to introduce a specialized financial account tailored for cryptocurrency investors. This collaboration marks a milestone in legitimizing crypto transactions within the conventional banking system while addressing long-standing challenges related to fund transfers and transaction limits.

For years, Taiwanese investors have faced hurdles when purchasing digital assets using New Taiwan Dollars (TWD). The typical process involves linking an exchange account with a local bank—often requiring the setup of a virtual trust account for faster deposits. However, due to rising fraud concerns, many banks have restricted or outright banned such arrangements. The new BitoPro x Bankee crypto-dedicated account directly tackles these pain points by offering enhanced transfer limits, streamlined onboarding, and exclusive financial benefits.

Key Features of the BitoPro x Bankee Crypto-Dedicated Account

This innovative financial product delivers three major advantages designed specifically for active crypto traders and long-term holders.

1. Higher Transaction Limits

One of the most significant improvements is the increased transfer capacity:

These thresholds far exceed standard non-contractual bank transfers, which typically cap at NT$30,000 to NT$100,000 per transaction. Even most contractual accounts offer daily limits around NT$3 million. With this dedicated solution, users gain greater flexibility for large-scale crypto purchases without repeated transfers.

Additionally, all TWD deposits made from the Bankee x BitoPro account into BitoPro during the first year are completely fee-free, reducing entry costs for high-volume investors.

👉 Discover how seamless crypto funding can be with optimized banking integration.

2. Premium Account Opening Experience

Users benefit from a simplified, all-in-one account setup:

This dual-currency functionality prepares users for future expansion into USD-based crypto trading and cross-border transactions.

3. Enhanced Withdrawal Capabilities

Beyond deposits, the account supports robust withdrawal features:

This removes a critical bottleneck for traders looking to liquidate positions quickly and efficiently, especially during volatile market conditions.

Exclusive Perks: The BitoPro Gold-Plated Co-Branded Card

All eligible applicants receive a physical BitoPro Gold-Plated Co-Branded Card, unlocking further value:

These benefits make the account not only practical for crypto funding but also competitive as a primary checking account.

Upcoming Features and Roadmap

BitoPro and Bankee have announced plans to roll out additional functionalities soon:

These upcoming upgrades signal a long-term commitment to building a comprehensive financial ecosystem for digital asset users.

How to Apply: Step-by-Step Guide

Opening the crypto-dedicated account is fully digital but requires meeting specific eligibility criteria.

Eligibility Requirements

Application Process

  1. Open the BitoPro App
  2. Navigate to Account > Bank Linking
  3. Select "Apply to Change to Bankee Account"
  4. Register and open your Bankee account online
  5. Wait for SMS confirmation; once approved, the link is active

After successful account creation:

⚠️ Note: Contracted accounts unlock the full NT$1.5M/NT$5M transfer limits.

Understanding Bankee Account Tiers and Limits

Your initial account tier depends on whether you already hold another Far Eastern International Bank account.

If You Already Have a Far Eastern Bank Account → Class II Account

Initial non-contracted transfer limits:

After upgrading via video verification + NPC:

If You Don’t Have Any Existing Accounts → Class III Account

Initial non-contracted limits:

After video verification:

👉 See how top-tier crypto platforms enable fast, secure fund movements.

However, Class III accounts cannot apply for contracted status, meaning they cannot reach the maximum NT$1.5M/NT$5M thresholds. To achieve full capabilities, users must complete NPC verification.

Frequently Asked Questions (FAQ)

Q: Who is eligible for the BitoPro x Bankee crypto-dedicated account?

A: Only BitoPro users who have completed Level 2 identity verification can apply. You must also provide documents like NRIC or driver’s license and have an existing traditional bank account.

Q: Are there any fees for transferring funds between Bankee and BitoPro?

A: No. All deposits from Bankee to BitoPro and withdrawals from BitoPro to Bankee are fee-free, with no limits on frequency.

Q: Can I open this account if I don’t live in Taiwan?

A: Currently, the service is available only to residents of Taiwan who meet the KYC requirements of both BitoPro and Far Eastern International Bank.

Q: What happens after I submit my application?

A: You’ll receive an SMS notification upon approval. The linked account will be active the next business day, and you can begin transfers immediately.

Q: Is my money safe in a Bankee digital account?

A: Yes. Bankee is operated by Far Eastern International Bank, a regulated financial institution covered by Taiwan’s deposit insurance up to NT$3 million per depositor.

Q: Will this account support stablecoins or USD trading in the future?

A: While not yet available, official announcements confirm that USD deposit and withdrawal support is planned for future rollout.

This groundbreaking partnership between BitoPro and Bankee sets a new benchmark for crypto-friendly banking in Asia. By combining higher transaction limits, zero-fee transfers, and exclusive financial rewards, it offers a compelling solution for serious digital asset investors seeking efficiency, security, and convenience.

👉 Explore next-generation financial tools built for the future of crypto trading.