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How do I send money to other KOHO members via K2K?

How do I send money to other KOHO members via K2K?

Updated over 2 weeks ago

Whether you're reimbursing a friend for pizza or lending your sister some cash, sending money instantly to other KOHO members is quick and easy. This payment method is known as KOHO-to-KOHO transfers, or K2K transfers.

Here's how:

  1. Open your KOHO app and go to Send Money.

  2. Tap the "Add a Recipient" icon (top right-hand corner).

  3. Enter the recipient's name and email.

    • You can use either their KOHO login email or their unique KOHO transfer email.

    • If the instant K2K transfer option is unavailable, the email entered is not linked to their KOHO account.

  4. Review all details carefully.

    • Once a recipient is created, their name cannot be changed.

  5. Enter the amount you wish to send.

    • Transfers can only be sent from your Spendable balance (Cover funds are not eligible).

  6. Double-check your transfer details.

    • K2K transfers cannot be canceled or reversed once sent.

  7. Tap "Send Now" to complete the transfer.

If you are having trouble sending a K2K, check that:

  • You haven't exceeded your Account Velocity Limits (review them in-app under Profile > Account Velocity Limits).

  • Your device is verified (look out for a verification email from KOHO).

There is no wait time, your pal will get the funds instantly, and, of course, it's free 💰

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