e-Transfer is the easiest and quickest way to get money on your KOHO account. In short, you’ll load money onto your KOHO account by sending an e-Transfer from your existing bank account.
📲Think of it as sending an e-Transfer to yourself.
Here's the step-by-step:
1️⃣ In the KOHO app you’ll see all the information you need to send an e-Transfer by tapping the $ symbol > Add funds to your account > Load via e-Transfers.
There, you’ll see:
✔️a unique email address
✔️a security question
✔️a security answer
Most of our users have now migrated to our auto-deposit method, so you'll only need to make a note of your unique e-Transfer email!
2️⃣ Log into your bank account (TD, BMO, CIBC, etc.) on desktop or using that institution’s mobile app
3️⃣ Go to the “send an e-Transfer” section and add KOHO as a new contact
4️⃣ Input the unique email address found in your KOHO app. Press Send!