Deposit via Bill Pay lets you add funds to your KOHO account directly from your bank by using your KOHO account number, just like paying a bill. You can find this account number by going to Add Money > Deposit via Bill Pay in-app.
Step 1: Navigate to your banking app
You'll deposit money from another bank to your KOHO account.
Step 2: Find the bill pay feature
In your other bank's online portal. You'll use this feature to send money to your KOHO account.
Step 3: Search for the payee name
Make sure the name matches KOHO Financial.
Step 4: Enter your account number
Make sure you enter the 9-digit uniquely created number accurately.
Step 5: Enter your deposit amount
You can deposit up to $100,000 at once, depending on your financial institution.
Step 6: Your money will be deposited soon
Once you confirm the money to be sent, it will be in transit to your KOHO account and should be deposited within 1-3 days.