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Transfers among MyBambu Friends.

Effortlessly transfer money between MyBambu users! Explore how MyBambu's user-to-user transfers simplify sharing funds.

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Having MyBambu Friends comes with benefits

User to user transfer have no cost.
Say goodbye to carrying cash.
Transfers are immediate.
Transactions are fast and easy.

MyBambu User-to-User Transfers

Send money to friends and family who have a MyBambu account instantly and at no cost as frequently as you wish, as long as they are MyBambu users.

Tap on the tile Send or Receive money

Choose a contact from your list and tap 'Send' or 'Request' to proceed with the user-to-user money transfer.

Transfer amount

After selecting your contact from the list, enter the amount of money you want to transfer and tap 'Review' to proceed.

Complete transfer

Review your TOTAL and tap 'Confirm' to instantly transfer funds between you and your friends on MyBambu at no cost.

Watch How to send or receive money between Bambu Friends?

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Common Questions

User-to-User

a

If funds are sent to someone but the recipient doesn’t accept them within 30 days, what happens to the funds?

If funds are received but not accepted by the recipient within 30 days, those funds will still be reflected in the available balance of the recipient’s account. However, it’s important to note that the recipient must accept the funds to access and use them.

If the 30-day period elapses without the recipient accepting the funds, the funds will be returned to the sender. In this case, the funds will be reflected in the sender’s available balance. It’s essential for both the sender and recipient to ensure the proper acceptance of funds within the specified timeframe.

a

I received a cash deposit from another MyBambu Mobile App user, and I’m wondering how soon the funds will be available in my account.

Typically, cash deposits from another MyBambu Mobile App user are available within a few minutes. However, in some cases, it may take up to 15 minutes for the funds to be fully available in your account. You can expect a swift and efficient processing time for these types of transactions.

a

Are User-to-User transfers at no cost?

Yes, all MyBambu User-to-User transfers are at no cost. At MyBambu, we do not charge any fees for user-to-user transfers, which means you can send money to other MyBambu account holders at no cost.

a

Is there a limit for sending money user-to-user?

Yes, there are limits for User-to-User transactions in MyBambu. The limit is $1,000 per transaction, $2,000 per day, and $16,000 per calendar month.

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For customer service call MyBambu
+1-833-882-2628
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MyBambu is not a bank. The MyBambu deposit account and MyBambu Visa® Debit Card are issued by Community Federal Savings Bank, Member FDIC. Not all financial services available through MyBambu are offered by Community Federal Savings Bank, refer to each service’s agreement and/or terms and conditions for further information.

BY USING THIS CARD, YOU AGREE TO THE TERMS AND CONDITIONS OF THE MYBAMBU DEPOSIT ACCOUNT AND CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. The MyBambu Visa® Debit Card is issued by Community Federal Savings Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. This card can be used everywhere Visa® debit cards are accepted.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT — To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

1. Register and open a MyBambu account using your country’s issued ID; we do not check your immigration status.

2. No monthly Fee, No Overdrafts, No minimum Balance. An inactivity fee may apply after 12 months.

3. Extra fees, such as, transfer fees, intermediary bank or foreign exchange charges, may apply.

4. Offer valid only when your referred friend opens a new MyBambu account and is verified.

5. The Visa® Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit http://www.visa.com/security.

6. Card funds will be held at or transferred to Community Federal Savings Bank, Member FDIC. While there, card funds are insured up to $250,000 by the FDIC in the event Community Federal Savings Bank fails if specific deposit insurance requirements are met. FDIC insurance does not apply to non-bank deposit products.

MyBambu© 2024. All other product names, logos, brands, trademarks, and registered trademarks are property of their respective owners. All company, product, and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.

FOR CUSTOMER SERVICE CALL MyBambu at 1-833-882-2628

P.O BOX 3811 West Palm Beach Fl 33402.