How do I transfer money from my Venmo to my bank account?

How to transfer money from Venmo to Bank?

To transfer money from your Venmo account to your bank account, follow these steps:

1. Open the Venmo app on your mobile device or visit the Venmo website and log in to your account.
2. Tap on the "☰" icon at the top left corner of the app (or click on "Settings" on the website).
3. In the menu, select "Transfer to Bank" or "Transfer Money" (the exact wording may vary slightly).
4. Choose the amount you want to transfer to your bank account.
5. Select the bank account you want to transfer the money to. If you haven't linked your bank account yet, you'll need to add it by following the prompts.
6. Confirm the transfer details, including the amount and destination bank account.
7. Tap on the "Transfer" button (or equivalent) to initiate the transfer.
8. Depending on your bank's processing times, the money should typically appear in your bank account within 1-3 business days.

Make sure to double-check all the details before confirming the transfer to ensure accuracy. If you encounter any issues or have questions, you can reach out to Venmo's customer support for assistance.

How much does Venmo charge for instant transfer?

Venmo send money fee: Venmo charges a fee for instant transfers to your eligible bank account or debit card. As of my last update, the fee for instant transfers is 1% of the transferred amount, with a minimum fee of $0.25 and a maximum fee of $10.

It's important to note that fees and terms may vary, so I recommend checking the most recent information on Venmo's website or app for the most accurate details regarding instant transfer fees.