Venmo Transfer Limit: What Are Venmo Withdrawal & Sending Limits?
Venmo Transfer Limit: What Are Venmo Withdrawal & Sending Limits?
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Venmo has various limits regarding sending money and withdrawing funds to your bank account. Here's an overview of these limits for verified and unverified accounts:
Venmo Sending Limits
- Unverified Accounts:
- The weekly sending limit is typically $299.99.
- Verified Accounts:
- The standard weekly sending limit is $19,999.99.
- The maximum limit for a single transaction to another Venmo user is $4,999.99.
- The limit for purchases with Venmo or the Venmo Debit Card is included in this total.
Venmo Withdrawal Limits
- Bank Transfers:
- There is no explicit limit on transferring funds from your Venmo account to your bank account.
- Instant transfers have a $10,000 limit per transaction. If you're using standard transfers (which typically take 1-3 business days), there's usually no limit on how much you can transfer.
Key Points to Consider
- Venmo to Venmo Transactions:
- The weekly limit resets seven days from the first transaction, not necessarily at the start of the calendar week.
- Venmo Payment Limits:
- If you want to check your limits, open the Venmo app, go to "Settings," and select "Payment Limits."
These limits are general guidelines as of 2023, but Venmo can adjust these limits over time. To ensure you're getting the most accurate information, you can check Venmo's Help Center or reach out to Venmo's customer support.