Whether you're paying your buddy back for pizza or spotting your sister some cash, it's super simple to send money instantly to other KOHO users.
In your KOHO app, tap the $ symbol > Transfer money > tap the Add a Recipient icon in the top right-hand corner
Enter the name and email of the KOHO user you want to send money to (You'll need to enter the email they use to login with instead of their unique e-Transfer email)
Enter the amount you want to send
You should have two options; the K2K Option (which is instant and free) or e-Transfer
If K2K is not available, that email is not the one associated to your friend's KOHO account
Once you select K2K, you will be prompted to create a Security Question and Answer
Carefully review all the details you entered, as you will not be able to change the name of a Recipient once created
Click Send Now
If you are having trouble sending a transfer, check that:
All fields entered, such as recipient's name, security question and security answer are between 3 - 40 characters.
Security answer can not be the same as the security question.
No special characters ($,%,?) allowed for the security answer or security question
If you have a question mark in your security question, you would have to remove it
Check that you have not exceeded the Account Velocity Limits
There is no wait time, your pal will get the funds instantly, and, of course, it's free💰