Balance and Load Limits for my Mydoh Parent Wallet
There is no minimum account balance for your Mydoh Parent Wallet! Parents are free to maintain whatever balance suits their needs the best up to a maximum of $5,000.
There are a few load limits, which are listed below:
1. Funds can be added from a minimum of $1 up to a maximum of $500 per day.
2. The maximum amount of funds that can be added per month is $1,500.
Please refer to RBC Terms & Conditions for additional details. If you have any questions, please feel free to reach out to our support team!
Note: Notwithstanding the above, the maximum that can be deposited from all sources is $1500 CAD per calendar month. This includes all types of deposits to the parent account including child to parent transfers and money deposited from sources such as Autoload, Interac e-Transfer, RBC online banking, Visa/Mastercard Debit or any other future methods of deposit that Mydoh implements.
Learn more about transfers and limits:
Are there limits for withdrawing funds from my Wallet?
Are there limits to my child’s Mydoh Smart Cash Card?
Are there limits to my child transferring money to my Wallet?
Are there limits to sending money to my kids?
Are there limits for adding funds to the Parent Wallet?