NEXT Bank
Taiwan virtual bank (Chunghwa-led).
- Who holds it
- The company itself — it holds a full banking licence — Virtual bank license (TW FSC).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from NEXT Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Taipei, TW |
| Founded | 2022 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Virtual bank license (TW FSC) |
| Card | No card |
| Yield | Savers |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
Verified links: official site ↗
Common questions about NEXT Bank
What is NEXT Bank?
NEXT Bank is a fiat neobank, headquartered in Taipei, TW and founded in 2022. Your money is held custodially, so NEXT Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Virtual bank license (TW FSC)).
Does NEXT Bank have a card, and where can you use it?
It issues no card of its own. It is available in Asia.
Does NEXT Bank require KYC?
Yes. NEXT Bank requires identity verification (KYC) to open an account, as a licensed bank.
What does NEXT Bank cost?
From the verified fields: yield Savers. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with NEXT Bank before relying on them.
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
NEXT Bank appears in
Neobanks that hold their own banking license (132) · Neobanks available in Asia (132) · Neobanks with no card of their own (67)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.