What are the limits for sending money to a friend?
Once Youth have verified their account and obtained their username, they are able to send funds to other kids on Mydoh!
Sending money is super simple! However, there are daily, weekly, and monthly limits. Please see below for a full breakdown of these limits:
| Youth to youth transfer | $CAD |
| Number of times youth can send funds per day | 10 |
| Number of times youth can send funds per month | 50 |
| Number of times youth can receive funds per day | 10 |
| Number of times youth can receive funds per month | 50 |
| Minimum per transfer | $0.01 |
| Maximum per transfer | $500 |
| Maximum amount transferred per day | $500 |
| Maximum amount transferred per month | $2,500 |
Note: Funds can only be sent between friends who have been verified themselves in the Mydoh app and are 14+ years of age.
Hope this helps! If you have any questions, feel free to reach out to our support team at hello@mydoh.ca
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 child account including funds sent from parents, third-party deposits, or any other future methods of deposit that Mydoh implements. This does not apply to transfers between kids’ spending and savings.