Understanding the Bamboo Wallet
Last updated March 28, 2025
Your Bamboo Wallet enables you to easily move money to a Fixed Returns investment or to your stock brokerage account for a stock purchase.
On the other hand, you can move money from your stock brokerage account to your Bamboo wallet to withdraw to your bank account or to invest it in Fixed Returns. Additionally, once the tenor for your Fixed Returns investment ends, the money will also go to your Bamboo wallet from where you can withdraw it or reinvest it in stocks or Fixed Returns.
When you initiate a stock purchase or a Fixed Returns investment, you will have the option to complete the transaction with money already in your Bamboo wallet or with a new deposit from your bank account or card.
To see the Buying Power and Withdrawable Cash in your stock brokerage account, click on 'US Stocks' on the app homepage and then click on 'Breakdown'.
On the Bamboo homepage, click US Stocks
Click on 'Breakdown'
Click on 'Transfer to Bamboo Wallet'
Enter the amount and click 'Transfer'
Once this is done, you can then proceed to the homepage of your app, click on the USD wallet to withdraw your funds
However, if you are withdrawing to an NGN bank account, you will be required to transfer the funds from your USD wallet to your NGN wallet
To do this;
Click USD wallet
Click 'Transfer'
Type the amount to be transferred then click 'Continue'
Enter your Transaction PIN then complete the process
Afterward, you can proceed with withdrawing to your bank account
On the homepage, click on the '+' sign beside 'Your total wealth'
Choose your preferred Wallet for the deposit to be reflected in
Type in the amount depending on the currency selected then click the deposit icon
Select your preferred payment method
Complete the payment
Alternatively, scroll down to 'Bamboo Wallets' and choose your preferred Wallet for the funds to reflect in.
Click 'deposit'
Type in the amount depending on the currency selected then click the deposit icon
Select your preferred payment method
Complete the payment