Innovation Updates:

BMTX is always working to evolve our technology and banking services in response to the needs of our customers, our consumers and industry advances.

We are implementing some new initiatives and required changes in the coming months to provide us the opportunity to enhance our capabilities and services. Below are listed important updates to bring to your attention at this time.

Please bookmark this page and check back frequently.

Routing Number Change (ACTION REQUIRED)

Posted March 30, 2023

When sending wires to BMTX, please use our new ABA Routing Number: 113024588. You may provide the following information to your bank:

Wire Information:

• Beneficiary Name: BM Technologies, Inc.
• Beneficiary Account Number: [Enter Clearing account #]
• Beneficiary Address: 201 King of Prussia Rd, Suite 650, Radnor PA, 19087
• Bank Name:Customers Bank
• ABA Routing Number: 113024588
• Bank Address: 40 General Warren Boulevard, Suite 200, Malvern, PA 19355

There are no other changes to our Wire Information.

Record Retention (NO ACTION REQUIRED)

Posted March 30, 2023

Effective April 18, 2023, BMTX will begin purging information associated with disbursements imported on and before June 30, 2019.

Pursuant to the Department of Education, Code of Federal Regulations, 34 CFR 668.24(e), “An institution shall keep records relating to [Title IV funds] three years after the end of the award year for which the aid was awarded and disbursed.”