The plain facts about what Microbanking is, what it isn't, and what it costs to use.
Microbanking is a demonstration banking platform, built for internal testing and educational purposes. It is not a real, chartered, or regulated financial institution, and no real money moves through it.
Microbanking is a demonstration platform, built to showcase personal and corporate banking workflows in a safe, sandboxed environment. It is not a chartered bank, and does not hold — or hold itself out as holding — any banking license, charter, or approval from any state, federal, or international banking regulator.
Because Microbanking is not a licensed financial institution, it is not authorized to conduct real banking business in any jurisdiction. The platform exists solely for internal testing, demonstrations, and education, and should not be treated as available anywhere for real financial activity.
"Microbanking" is a fictional brand name used for this demonstration platform. No company is incorporated or registered as a financial institution under that name, and there is no registration number, tax ID, or registered address to disclose — none is required for a platform that holds no real funds.
Account balances shown within Microbanking are simulated figures generated for demonstration purposes. No real money is held on deposit, and as a result, no deposits are insured by the FDIC, NCUA, or any other deposit insurance provider, in the United States or elsewhere. Nothing on this platform should be relied upon as evidence of real deposit insurance.
These are the actual fees and rates configured in the platform today.
| Fee / Rate | Amount | Applies to |
|---|---|---|
| Overdraft fee | $35.00 flat | Any charge that overdraws a non-credit account |
| Corporate transaction tax | 1%–8%, tiered by amount | Charges on a card tied to a company with a configured tax profile |
| Credit account penalty rate | 0.05% of balance owed, per cycle | Outstanding credit account balances |
| Savings yield | 0.01% of balance, per cycle | Savings account balances |
Rates and tiers shown reflect this demonstration platform's configured defaults and can be changed at any time. They do not reflect real-world interest rates, tax law, or banking fees.
Microbanking does not perform real identity verification (KYC) or anti-money-laundering (AML) screening, because it is not a real financial institution and does not process real funds. Names, balances, and transaction details entered into this platform should be treated as demonstration data only. This platform must not be used to store, transmit, or represent real financial information.
Questions about this page can be directed to [email protected].