How much can you transfer with KOHO? A closer look

KOHO is a Canadian fintech that pairs a prepaid Mastercard with a money app built to help you spend and save without hidden fees. More than 2 million Canadians use it to manage everyday finances and move money between accounts or abroad.

But what about limits? If you're sending to a friend or moving money to another bank, caps can affect how fast and how much you can move. This guide covers KOHO's transfer minimums and maximums, fees, and Wise as an alternative for international transfers with transparent pricing.

How much can you transfer with KOHO?

KOHO sets "velocity limits" for different ways to move money. Limits refresh on rolling windows, and you can see your personal caps in the app under "Account velocity limits.¹.

Minimum transfer amounts: sending and receiving

• International money transfer, Interac e-Transfer, KOHO-to-KOHO, direct deposit, bill pay: KOHO doesn't publish fixed minimums on its official website or help page.
• KOHO Lite (unverified accounts): Outbound Interac and KOHO-to-KOHO payments are restricted until you're verified.

Maximum transfer amounts: sending and receiving

• Outbound Interac e-Transfer: 3,000 CAD per transfer and 24 hours.
• Inbound Interac e-Transfer: 10,000 CAD per transfer and per day, 40,000 CAD per month and up to 20 transactions per day and 120 per month.
• KOHO-to-KOHO: 3,000 CAD per transfer and per day for both inbound and outbound. 40,000 CAD every 30 days, up to 20 per day and 80 per month each way.
• International money transfer: 5,000 CAD per transfer and per day, 15,000 CAD per month
• Direct deposit (receive): 500,000 CAD per deposit and per month with up to 60 monthly deposits.

Limits use a rolling 24-hour or monthly clock and ATM and POS limits reset on the next calendar day.

KOHO transfer fees and costs

When you move money with KOHO, you'll need to check the transfer fee and the exchange rate. We'll walk through how KOHO prices international transfers and where foreign exchange costs can crop up.

Wire transfer fees

KOHO doesn't support traditional bank wires because accounts don't have SWIFT, IBAN, or BIC details. This means you can't receive or send wires.². If you need to move money internationally with KOHO, you can use an International Money Transfer in the app instead.

Currency conversion fees

For card purchases in a foreign currency, KOHO's standard plan charges a 1.5% foreign exchange fee³ on non-Canadian transactions.

KOHO customers can avoid these fees if they sign up to the Extra and Everything plans for a monthly fee.

For International Money Transfers, you'll see an upfront transfer fee before you confirm, as well as the live exchange rate without hidden markups⁴, so the total cost is shown before you send.

KOHO transfer limits at a glance

Comparing KOHO with other Canadian providers

KOHO sits in a different category from Canada's Big Five banks.

It's a fintech with a prepaid Mastercard and a money app, so you move funds by e-Transfer, bill payment, or International Money Transfer rather than standard bank wires.

The big banks offer their own transfer services alongside traditional wires, with limits and pricing that don't always match KOHO's approach. Some push low or no transfer fees, then recover costs in the exchange rate, while KOHO shows a live rate in-app and a clear transfer fee.

The table below puts KOHO next to a few Canadian banks and Wise, so you can compare the basics.

Where KOHO transfer limits might be restrictive

KOHO works well for everyday finances, but some caps might be restrictive in real life.

• Larger international payments: International Money Transfer tops out at 5,000 CAD per transfer and per day, with a 15,000 CAD rolling 30-day limit and count caps. Large tuition payments and property deposits are unlikely to fit within this limit.

• Frequent cross-border sends: You can make up to 3 international transfers a day and up to 20 a month. Regular family support or contractor payouts can easily take up most of this limit.

• Bigger one-off domestic sends. Outbound Interac e-Transfer is capped at 3,000 CAD per transfer and per 24 hours. Car deposits, the monthly rent or paying towards a special occasion or event might need multiple sends or an alternative method.

• High-volume inbound e-Transfers. Receiving caps include 10,000 CAD per transfer per day, and 40,000 CAD per month, plus count limits. What looks like a high amount can easily add up and hit the ceiling if you're making lots of small payments.

• Wire-only destinations. Some recipients ask for a bank wire. KOHO doesn't support wires, so you would need another account or a different provider.

Wise as an alternative for international transfers

Wise lets you send, receive, hold, and convert money with clear, transparent pricing. You see the fee up front so there's no hidden markup, and fees start low from 0.48%^*.

How much you can send with Wise?¹³

With various options available, all you need to do is pick the method that fits the size of your transfer.

• Online bill payment or wire transfer: Send up to 1.5 million CAD per transfer.
• Direct debit: Up to 9,500 CAD per day and 30,000 CAD per week.
• Debit or credit card: Up to 3,000 CAD per transfer.
• Interac: Send up to 25,000 CAD, subject to your bank's cap.

Currencies and coverage

Hold and convert 40+ currencies in one account, and send to 140 countries — all at the mid-market rate.

If KOHO's caps make larger tuition payments, invoice runs, or frequent family transfers awkward, Wise gives you more flexibility for both small and high-value payments.

Conclusion

KOHO's transfer limits work for everyday life. You can send small amounts quickly by e-Transfer and use International Money Transfer for slightly larger cross-border payments when you need to.

However, those caps can fall short for those needing to make high-value financial moves, like paying tuition fees or a down payment on a home. With a maximum limit of 5,000 CAD per transfer and per day, and 15,000 CAD per month, KOHO's International Money Transfer service may not suit larger or frequent transfers. KOHO also doesn't support bank wires, which some recipients may prefer or still require.

Wise is a practical alternative when you need higher limits alongside transparent pricing.

You get the mid-market exchange rate, fees from 0.48%, and higher limits of up to 1.5 million CAD when you pay by online bill payment or domestic wire.

Sources verified on 30 December 2025