In the world of cryptocurrency investing in Taiwan, seamless fiat onboarding and fast withdrawals are crucial. One of the most popular banking solutions for this is Bankee, a digital banking service from Far Eastern International Bank (FEIB), widely used in conjunction with major local exchanges like MAX Exchange and BitoPro.
Recently, both MAX and BitoPro have launched dedicated crypto-linked Bankee accounts, each offering unique benefits. But how do they differ from the original Bankee digital account? Which one offers better rates, faster withdrawals, or more convenience? And can they be used together?
This guide breaks down everything you need to know about the Bankee Digital Account, MAX Virtual Currency Trading Account, and BitoPro Crypto-Exclusive Account, including features, interest rates, setup process, and optimal usage strategies—all optimized for ease of use and maximum benefit.
Understanding the Three Bankee Account Types
Despite sharing the "Bankee" name, these three accounts—Digital Account, MAX Virtual Currency Trading Account, and BitoPro Crypto-Exclusive Account—are entirely separate. They are not interchangeable, do not share balances, and come with different terms and benefits.
Think of them as distinct financial tools designed for different stages of your crypto journey. You can actually hold all three simultaneously, managed under a single Bankee app once approved.
👉 Discover how easy it is to open your Bankee account today.
Key Features & Benefits Comparison
Below is a detailed comparison of core functionalities across the three Bankee account types:
Interest Rates & Accessibility
- Bankee Digital Account: Offers a competitive 1.435% p.a. savings interest rate with no balance cap, making it ideal for parking idle funds before investing.
- MAX & BitoPro Crypto Accounts: Both offer a lower 0.845% p.a., less than half the rate of the standard digital account.
If you're holding cash before entering the market, keeping it in the Digital Account earns significantly more interest—roughly 70% higher than the crypto-specific options.
Setup Requirements
- Digital Account: Open to Taiwanese citizens aged 18+.
- MAX Account: Requires Level 1 verification on MAX Exchange.
- BitoPro Account: Requires Level 2 verification on BitoPro.
You must complete exchange registration and identity verification before applying for either crypto-linked account.
Bank Linking & Verification Time
- Digital Account: Takes 1–3 business days to verify.
- MAX Account: Near-instant approval—often verified within hours.
- BitoPro Account: Typically 1–2 business days.
The MAX-linked account stands out for its speed, allowing users to start trading faster.
Inbound & Outbound Transfers
| Feature | Digital Account | MAX Account | BitoPro Account |
|---|---|---|---|
| Inbound Fee | Free | Free | Free |
| Inbound Limit | Varies by exchange | Up to NT$1.5M per transaction | Up to NT$1.5M per transaction, NT$5M daily |
| Outbound Fee | NT$15 | NT$15 | Free during promotion |
| Outbound Limit | Varies by exchange | NT$1M per transaction, NT$2M daily | NT$1M per transaction, up to NT$40M monthly (with application) |
| Payout Speed | 0–2 business days | Same-day or next business day (by time bracket) | As fast as 2.5 hours if applied before 9:00 |
BitoPro’s dedicated account leads in withdrawal convenience: zero fees, high limits, and ultra-fast processing times during business hours.
How to Open a Bankee Crypto Investment Account
Opening a crypto-specific Bankee account is simple—but only after meeting prerequisites:
- Register and verify your identity on either MAX (Level 1) or BitoPro (Level 2).
- Have a physical bank account at a recognized institution (not postal savings).
Access the bank linking section within the respective exchange app:
- In MAX App: Go to Profile → Account Settings → Bank Verification
- In BitoPro App: Navigate to Account → Bind Bank → Apply for Bankee
Follow the prompts to upload ID documents and fill in personal details. Approval is typically fast—many users report same-day confirmation.
Once approved, your Bankee debit card will be mailed via registered mail—don’t forget to collect it!
👉 Start your crypto journey with a trusted financial partner today.
Smart Strategy: Combine All Three Accounts
For maximum efficiency and returns, consider this layered approach:
Step 1: Open the Bankee Digital Account First
Use this as your primary savings hub. Keep uninvested funds here to earn 1.435% interest, far exceeding the crypto-linked accounts.
Step 2: Add Exchange-Specific Bankee Accounts
Open the MAX or BitoPro linked account based on where you trade most frequently. This unlocks faster, smoother deposits and withdrawals.
Step 3: Set Up Trust Account Binding
After opening your crypto-linked Bankee account, visit a Far Eastern International Bank branch with your ID and seal to link your exchange’s trust account as a “designated transfer account.”
Without this step, your single deposit limit may be capped at only NT$10,000–NT$50,000. With binding, you unlock the full NT$1.5 million per transaction capacity.
Note: The standard Bankee Digital Account doesn’t require manual setup—it’s already internally linked to other FEIB accounts.
Step 4: Transfer & Invest Efficiently
When ready to invest:
- Move funds from your high-interest Digital Account → Crypto-linked Bankee Account → Exchange
This way, you earn interest longer while still enjoying fast settlement when trading.
Frequently Asked Questions (FAQ)
Can I use my existing Bankee Digital Account for MAX or BitoPro?
Yes—you can link it directly. However, you won’t get the enhanced features like instant verification or priority withdrawal speeds unless you open the dedicated exchange-linked account.
Do I need to cancel my old Bankee link when switching?
No. On MAX, you can maintain both accounts simultaneously. On BitoPro, once the new account is approved, the system automatically switches your default withdrawal destination.
Are the crypto-specific accounts worth it?
If you trade frequently or make large withdrawals, yes. The time saved and potential fee reductions (especially on BitoPro) justify opening the dedicated account—even with lower interest.
Can I open multiple crypto-linked accounts?
Yes—you can hold the Digital Account, plus one for MAX, and one for BitoPro—all within the same Bankee app.
Is there a cost to open or maintain these accounts?
No. All three account types are free to open and maintain, with no monthly fees.
How fast are deposits?
Deposits are generally processed instantly or within minutes when using the integrated in-app flow—especially with MAX and BitoPro’s dedicated entry points.
Final Thoughts: Optimize Your Crypto Banking Workflow
The introduction of exchange-specific Bankee accounts marks a significant step forward in localizing crypto finance for Taiwanese investors. While the original Bankee Digital Account remains superior for earning interest, the MAX and BitoPro-linked accounts shine in operational efficiency—offering faster verification, streamlined deposits, and rapid withdrawals.
For best results, use them together:
- Save and earn interest in the Digital Account
- Transfer strategically to crypto-specific accounts before trading
- Enjoy faster settlements and lower friction during active investing
Whether you're a beginner or seasoned trader, integrating these tools wisely can enhance both your returns and user experience.
👉 Unlock seamless digital finance integration for your crypto investments now.
By understanding their differences and leveraging each account’s strengths, you position yourself for smarter, faster, and more profitable cryptocurrency investing in 2025 and beyond.