BitoPro and Far Eastern Bank Launch Exclusive Crypto Account with Daily Transfers Up to 5 Million

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Taiwanese cryptocurrency exchange BitoPro has partnered with Far Eastern Bank's digital banking platform Bankee to introduce the market's first "Exclusive Crypto Account." This groundbreaking account offers daily transfer limits up to NT$5 million**, monthly withdrawals as high as **NT$40 million, and interest-bearing features—all while maintaining zero-fee transfers between BitoPro and Far Eastern Bank.

Key Features of the Crypto Account

  1. Enhanced Transfer Limits

    • Single transfer: NT$1.5 million
    • Daily cumulative limit: NT$5 million
      Compared to traditional banks (typically NT$300K daily caps), this account significantly benefits high-volume traders.
  2. Dual Currency Support
    Simultaneously open TWD and foreign currency accounts with streamlined management.
  3. High-Volume Withdrawals
    Approved users enjoy NT$40 million/month withdrawal quotas (subject to review).
    ✅ Current promo: Zero fees for BitoPro→Bankee transfers, regardless of amount or frequency.

  4. BitoPro-Bankee Premium Card
    Cardholders receive:

    • 6 free monthly cross-bank transfers
    • 6 free ATM withdrawals/month
    • 0.845% p.a. interest on all deposit balances

Upcoming Services (From June 24)

Application Process

Available only for BitoPro Level 2 verified users:

  1. In BitoPro App: Account → Bank Binding
  2. Select "Switch to Bankee Account"

  3. Complete Bankee registration using:

    • ID + health insurance/driver’s license
    • A non-digital savings account from another bank
  4. Post-approval, request limit upgrades or pre-designated accounts (using citizen digital certificate) to maximize transfer capacity.

👉 Learn how to optimize crypto-fiat conversions

FAQ

Q: How does this compare to MAX Exchange’s limits?
A: MAX caps Level 2 personal accounts at NT$5M/month—Bankee offers 8x higher capacity.

Q: Are there withdrawal time restrictions?
A: First withdrawal (before 9 AM) settles by 11:30 AM; second (before 1 PM) by 3:30 PM.

Q: What’s the interest calculation frequency?
A: Monthly payouts, compounded daily on the full balance.

👉 Discover more crypto banking solutions

This collaboration marks a pivotal step in Taiwan’s crypto-finance integration, combining banking reliability with digital asset flexibility.