Venmo Daily Limit: How much money can you send via Venmo per day?

Venmo Daily Limit: How much money can you send via Venmo per day?

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The amount of money you can send via Venmo per day depends on your account verification status. 

Here's a breakdown of the limits on venmo:

Unverified Accounts

If your account is unverified (you haven't completed Venmo's identity verification process), your weekly rolling limit for sending payments is:

  • $299.99 per week.

Verified Accounts

If your account is verified (you've completed Venmo's identity verification process), your weekly rolling limit for sending payments is higher:

  • $6,999.99 per week.

Important Details

  1. Weekly Rolling Limit:
    • Venmo uses a weekly rolling limit, which means your limit is calculated based on the transactions in the past 7 days, not on a calendar week.
  2. Verification Process:
    • To verify your account, go to the Venmo app's settings, select "Identity Verification," and follow the prompts. You'll need to provide personal information, such as your Social Security Number and a government-issued ID.

Specific Limits for Different Transaction Types

Within the overall limit, there are sub-limits for different types of transactions:

  1. Person-to-Person Payments:
    • These count toward the weekly sending limit mentioned above.
  2. Purchases:
    • If you make purchases with Venmo (e.g., using your Venmo balance at approved merchants), these also count toward your overall weekly limit.
  3. Bank Transfers:
    • Instant transfers to your bank have a daily limit of $5,000 per transaction, with a minimum transfer amount of $0.26.

For the most accurate and up-to-date information, it's always best to check directly within the Venmo app or on Venmo's official website, as limits and policies can change.