Tax Deadline: April 30, 2026
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KOHO offers unlimited free Interac e-Transfers on all plans — Essential, Extra, and Everything. No monthly cap, no per-transfer fees, just free money movement.
KOHO uses the standard Interac e-Transfer network — the same system used by all major Canadian banks. This means:
Autodeposit lets you receive e-Transfers instantly without entering a password. It's the fastest and most secure way to receive money.
Log into your KOHO account on your phone.
Tap "Move Money" or "Transfer" from your home screen or menu.
Choose "Receive" or "Interac e-Transfer" and look for the Autodeposit option.
Enter the email address or phone number you want to link for autodeposit. You can register one email and one phone number.
You'll receive an email from Interac to confirm your autodeposit registration. Click the confirmation link. Once confirmed, any e-Transfer sent to your registered email will deposit automatically to your KOHO account.
TD charges up to $16+/month for a plan that includes unlimited e-Transfers. RBC charges $10+/month. KOHO's free Essential plan includes unlimited e-Transfers at no extra cost — a significant saving for anyone who sends or receives money regularly.
KOHO saves you the fees TD and RBC charge for e-Transfers. Use code BREMO2026 for $40 sign-up bonus at signup.
Yes. KOHO includes unlimited free Interac e-Transfers on all plans — Essential (free), Extra ($9/month), and Everything ($19/month). There is no per-transfer fee and no monthly cap on the number of transfers you can send or receive. This is significantly better than most big banks, which charge $0.50–$1.50 per transfer on basic plans.
The per-transfer limit is $3,000. If you need to send more than $3,000, you'll need to send multiple transfers. The daily limit is $100 total. These limits are set by the Interac network and apply to all Canadian banks and financial institutions, not just KOHO.
With autodeposit enabled, KOHO e-Transfers typically arrive within minutes. Without autodeposit, the recipient must manually accept the transfer, which can take longer. Once they accept, the money is usually deposited within minutes. Interac e-Transfers are generally available 24/7, including weekends and holidays.
Yes. Since KOHO is connected to the Interac e-Transfer network, you can receive e-Transfers from any Canadian bank that supports Interac — which is virtually all of them. The sender doesn't need to use KOHO. They just need your email address or phone number registered with KOHO's autodeposit feature.
No. KOHO does not charge any fee to receive Interac e-Transfers. Receiving is always free, and there is no limit on how many you can receive per month. This applies to all KOHO plans.
Traditional banks charge for e-Transfers as a revenue stream and to encourage customers to upgrade to more expensive banking plans. KOHO, as a fintech company, earns revenue from interchange fees when you use your card, allowing it to offer free e-Transfers and other features that big banks charge for. KOHO's business model is based on sharing interchange revenue, not charging transaction fees.