We never share your data and we keep it safe.
MyBambu customers can transact freely without fear of their data or transactions being compromised. MyBambu utilizes world class encryption, fraud, and security technologies to insure that their customer’s money is safe and worry free.
Your funds will be held at or transferred to Metropolitan Commercial Bank, an FDIC-insured institution. While there, your funds are insured up to $250,000 by the FDIC in the event MyBambu fails if specific deposit insurance requirements are met and your card is registered. See fdic.gov/deposit/deposits/prepaid.html for details. FDIC insurance does not protect your funds in the event of MyBambu’s failure or from the risk of theft or fraud.
MyBambu is built utilizing best in class computer and software technologies to provide an optimal customer-focused virtual banking experience with commercially available smartphone and application technology. MyBambu can open accounts, verify identity, and transact through a multitude of product and services virtually and with ease. MyBambu utilizes cloud computing and artificial intelligence to provide a best in class virtual banking experience.