What is Bamboo Fixed Returns?
It is a fixed-income dollar-denominated investment that gives you up to 8% USD annual returns. It takes the risk out of investing while exposing you to all the benefits of being invested, including higher yields than regular dollar savings accounts.
With Bamboo Fixed Returns you can deposit and lock your money for anywhere between 90 days to a year. You can also create as many fixed-return investments as you want.
The Bamboo Fixed Returns product is only available on our Nigerian app at this time.
How does it Work?
Simply, sign up on the Bamboo app.
Fund your Bamboo wallet with as low as $1.
Select the Fixed Income tab on the app and proceed to fund.
Select the tenor you would like
Viola! You are off to earning up to 8% USD returns.
Why should I invest with Bamboo Fixed Returns?
Up to 8% in Dollar-denominated interest.
Requires a minimum amount of $1.
Massively de-risk and diversify your investment portfolio.
Create as many fixed returns investments as you want anywhere between 90 days to a year.
A great way to protect your money against devaluation and inflation while earning consistent Dollar returns.
Ability to track your returns over time.
Your Principal is assured
Who can Invest?
You and everyone you know
High Net Worth Investors
Institutional Investors
Investors with low-risk appetite
Investors looking to diversify their portfolio
Business owners and anyone looking for ways to make passive income
How secure is my money when I invest in Bamboo Fixed Returns?
To provide this service, we are partnered with SEC-licensed investment managers
Can I liquidate my investment before the tenor ends?
No, the investment cannot be liquidated before the tenor ends. Please be 100% sure before setting up your investment.
What is my money invested in?
The Fixed return investment is backed by a diversified pool of short and medium-term dollar-denominated fixed-income instruments and it is domiciled with reputable SEC-licensed fund managers.
How to set up a Fixed Return Investment
On the homepage, click on the 'Invest in Fixed Returns' banner OR click on Fixed Returns under 'Investments' (Read the information on the page before you proceed).
Put in the dollar amount you would like to invest and how long you want to put your money away.
Click ‘Preview Investment’ to go over the details.
Click on ‘proceed’ and once you are satisfied with the details, select your payment type and complete the payment.
You can create multiple investments and the longer your money is set aside, the more returns you get.
Can I add more money to an ongoing Fixed Returns Investment?
No, you cannot add money to an ongoing investment. You will need to create a new investment instead.
When can I withdraw?
You can withdraw your funds once the tenor you chose at the point of setting up the investment is completed.
How can I withdraw my funds?
Once your Fixed Returns investment matures, the amount automatically goes into your Bamboo USD Wallet. If you wish to transfer the money from your USD wallet to your NGN wallet, please click here for instructions on how to do so.
To withdraw:
Click 'Withdraw'.
Type in the amount to be withdrawn and click 'Proceed'.
Select the already saved account details you want the funds transferred to, and input your transaction PIN.
You can also add a new bank account number. Please note that the new bank account will require verification from our compliance team. Also, note that we do not honor third-party withdrawals.
Withdrawals below ₦1,000,000 will reflect instantly if they meet certain criteria, otherwise, they will be processed within 2-3 business days in Naira bank accounts.
USD/foreign bank account withdrawals reflect within 5-7 business days.
Understanding your Fixed Returns Investment
*The Bamboo Fixed Returns product is only available on our Nigerian app at this time.