Moving money is fast and free with Interac® e-transfers

Send and receive money safely and freely to anyone in Canada with your KOHO account.

Send money free
Dollar
$0 fees on all e-Transfers
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Encrypted transactions
Lock
Secure login
Lightning
Fast transfers available 24/7

Send Interac e-Transfers with KOHO

Send a transfer

Send as many e-Transfers as you want without paying a cent.

Person on phone

Send Interac e-Transfers any time day or night.

Sheild

With multiple layers of security, Interac e-Transfers are one of the most secure money transfer services globally.

Autodeposit

Get money deposited automatically to your account, no security questions needed.

More ways to move money

Send money to 190+ countries with KOHO. It’s always fast and secure with no hidden markups or other-worldly fees.
Easily share expenses with friends, family, roommates, or co-workers, they just need a KOHO account of their own.
Pay all of your recurring bills from your KOHO account to make sure you never miss a payment.
Sending money instantly to other KOHO members is quick and easy with K2K transfers. There is no wait time, your pal will get the funds instantly, and, of course, it's free.

How to send Interac e-Transfers with KOHO

STEP 1

Open the KOHO app

KOHO app

How to send Interac e-Transfers with KOHO

STEP 2

Tap the ‘$’ icon

$ icon

How to send Interac e-Transfers with KOHO

STEP 3

Choose ‘Send money’

Add money modal

How to send Interac e-Transfers with KOHO

STEP 4

Enter your recipient’s email or phone number

Send money

How to send Interac e-Transfers with KOHO

STEP 5

Enter the amount and hit ‘Send’—the money will arrive within 30 minutes

Send money

Save on every e-Transfer

Unlike most financial institutions, every Interac e-Transfer you make with KOHO is free. See how we compare:

KOHOTraditional Banks
Send e-TransferFreeUp to $1.50
Stop e-TransferFreeUp to $3.50
Request MoneyFreeUp to $1.50

Pick a plan and try it with no cost

All KOHO plans come with a free 30 day trial so you can see if it suits you.

The perfect plan for your needs
Essential

$0/mo*

Over $100/year in value**
Get rewarded on everyday spending with Cash Back on the essentialsStart with Essential
Extra

$12/mo

Over $200/year in value**
Get extra perks, extra cash back, and extra savingsSave now with Extra
Everything

$14.75/mo

Over $500/year in value**
Get more than your money’s worth and earn the most rewards on KOHOEarn more with Everything

Benefits

Unlimited Cash Back on groceries, transportation, food & drinks1%1.5%2%
Earn interest2% 2.5% 3.5%
Free Credit Score
Crypto trading fees0.5%0.5%0.5%
Instant e-Transfers
No Foreign Transaction Fees-
Discount on Credit Building-30%50%
Phone support

*Get Essential for free! Learn more
**This is an estimate. Actual savings may vary depending on individual spending habits and service usage

Not sure which one speaks to you? Take our quiz to find the best plan for you.

Find a plan

E-Transfers make your life e-asier

Using KOHO to send and receive Interac e-Transfers is perfect for:

Student

Students

Use them to split expenses with roommates or get a little ‘help’ from your parents.

Maple leaf

Newcomers to Canada

Easily send money to your family or pay for services or even rent without relying on cash.

Person

Everyone

Split lunch with co-workers, get paid for your side hustle, split bills, make everyday payments… there’s no limit to what you can use e-Transfers for—or how many you send.

FAQFrequently Asked Questions

An Interac e-Transfer is a fast, secure, and convenient way to send money to anyone in Canada with your KOHO account.
You can request money from someone else through their email address or phone number. They can then send money to you securely with an Interac e-Transfer.
It’s easy! Just follow these instructions:
  1. Log into your KOHO app > click Add money > e-Transfer > scroll down to Personal > set-up Autodeposit
  2. Enter the primary email you wish to register for auto-deposit
  3. Check your inbox for the verification email, and click the link to complete the registration
  4. Done!
All future Interac e-Transfers sent to that email address will be deposited to your KOHO account.
If you need to cancel an e-Transfer sent from your KOHO account, just follow these steps in-app:
Tap the ‘$’ icon, and then choose ‘Pending transfers’.
If it's still possible to cancel this e-Transfer, you'll see it listed under "Transfers Sent"
Select Cancel > Cancel Transfer > Yes > You're all set!
If you're unable to cancel this transfer, then it's ineligible for cancellation. Our support team won't be able to cancel this on your behalf.
Good-to-know: If you've sent an Interac e-Transfer to a recipient with auto-deposit, it also won't be possible to cancel this e-Transfer
The recipient should receive the money within 30 minutes.
It’s very safe. Interac e-Transfer users are protected by multiple layers of security, making them one of the most secure money transfer services in the world. The receiving and sending bank or credit union transfer the funds to each other using established and secure banking procedures.
Unfortunately you can’t increase your limit on e-Transfers. The good news is the amount you can use is already quite high! You can receive up to $10,000 per transaction and per day, and receive a total of $40,000 per month. The amount you can send per transaction and per day is $5,000.

Still have questions?

Can't find the answer you're looking for? Please chat to our friendly team.Visit our FAQs

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Interac® and Interac e-Transfer® are registered trademarks of Interac Corp.