Far Eastern International Bank’s Bankee launches crypto-backed income review loan, drawing contrast with Aave

Far Eastern International Bank’s digital banking brand Bankee has introduced a revolving credit product called "Bi Xu Dai" that counts certain crypto holdings toward a borrower’s financial review. Under the public terms, applicants can use BTC, ETH, and USDT held in their own MaiCoin and MAX accounts, along with Taiwan dollar balances in those accounts, as part of the bank’s credit assessment for a New Taiwan dollar loan. The product carries a one-year term, allows borrowers to draw and repay flexibly, charges interest on a daily basis, and waives interest for same-day borrowing and repayment. It also comes with a NT$1,688 processing fee and a floating annual rate ranging from 3.45% to 15%, based on the bank’s time-deposit index rate plus a markup. Public materials say the final approved amount and the way crypto assets are counted remain subject to the bank’s review. ABMedia’s summary also highlights how the product differs from DeFi lending on Aave V3. Bankee’s loan is structured as bank credit underwriting that uses crypto as proof of financial strength, while Aave relies on overcollateralized on-chain borrowing, health factor monitoring, and liquidation when a position falls below required safety thresholds.