Venmo is a money transfer service that provides an easy method to transfer money and receive it from other people. This is useful for anything from splitting the cost of a meal to paying outstanding dues. Venmo can also be used to purchase items using the QR code, which makes it a great all-purpose payment application.
If you’re considering using Venmo but it is important to know that the company establishes limits on various transactions. Venmo limits transactions to protect against fraud. Since it is often difficult to recover money from the Venmo account after it is withdrawn, Venmo aims to limit the harm that can result from large transactions that are not authorized.
Understanding Venmo Limits
The Reason Behind Venmo Transfer Limits
Since Venmo is a fully functioning online network, it is important to monitor to ensure that scammers don’t get off with billions of dollars before anyone even becomes informed. Transaction limits can help ensure that the Venmo system is secure and protect both the company and its users from fraud.
Another reason Venmo is restricted in its transfer limit, however, is to ensure compliance with bank regulations.
Also read: How to Use Venmo for Business
What are the Types of Venmo Limits?
There are a variety of Venmo limits when purchasing and when you transfer or receive money through the platform. These are limits you must be aware of. Limits can differ depending on transfer, your account type, your account activities and the history
Here are the types of Venmo limits:
Venmo Transaction Limits
Venmo transfer limit refers to the maximum amount you may spend or use during one transaction. Every transaction, including purchases or transfers to another, is considered to be included.
Venmo Rolling Limits
Rolling limits refer to the maximum amount that can be spent or transferred during any specified timeframe, be it one week or one month. Rolling limits according to factors including account type, user activity and verification status.
Venmo Withdrawal Limits
The withdrawal limits are the highest amount you can take out of your Venmo account to your bank account linked in one transaction.
Venmo Deposit Limits
The deposit limits are the highest amount you can be able to add to your Venmo account at any moment. Venmo makes money transfers easy. Banks and debit cards both allow money transfers directly into a Venmo account.
Venmo Limits For Personal Accounts
Transaction limit for purchases
- Unverified Account: $299.99 per week
- Verified Account: $7,000 per week
Transaction limit for sending money
- Unverified Account: $299.99 per week
- Verified Account: $60,000 per week
Withdrawal Limits
- Unverified Account: $999.99 per week
- Verified Account: $19,999.99 per week via bank and $ 5,000 per transfer limit
Deposit limit
- Unverified Account: Maximum of $10,000 per week for bank transfers, and $3,000 per week for debit card transfers.
- Verified Account: Also allows up to $10,000 per week via bank, and $3,000 per week via debit card.
Venmo Limits For Business Accounts
Transaction limit for purchases
- Unverified Account: $2,499.99 per week
- Verified Account: $25,000 per week
Transaction limit for sending money
- Unverified Account: $2,499.99 per week
- Verified Account: $25,000 per week
Withdrawal limit
- Unverified Account: $999.99 per week
- Verified Account: Up to $10,000/week (debit), $50,000 (bank)
Deposit limit
- Unverified Account: Maximum of $10,000 per week for bank transfers, and $3,000 per week for debit card transfers.
- Verified Account: Also allows up to $10,000 per week via bank, and $3,000 per week via debit card.
Also read: What Is a Cash App Business Account and How to Create It (2025 Guide)
How to Increase Venmo Limits
To increase your Venmo limits, it is necessary to verify your identity in the app. Simply go into Settings > Identity Verification and provide your legal name, date of birth, address information, and last four digits of your Social Security or ITIN Number. After submission, Venmo will review these details – usually, this takes no more than several minutes, but could take up to several days; once this step has been taken, your limits for sending, transferring, or adding money will significantly increase.
- Steps to Verify Your Identity:
- Open the Venmo app and tap the menu (☰).
- Go to Settings > Identity Verification.
- Enter your full legal name, birthdate, address, and SSN/ITIN last four digits.
- Wait for verification after submission
- Enjoy higher transaction limits after approval.
If you follow these guidelines and provide necessary details, you can increase your Venmo limit and utilize the platform to perform more transactions at a faster pace.
Final Notes – Venmo Limits
Venmo limits vary based on account type and verification status. Verifying your identity unlocks higher limits for sending, spending, and transferring money within the U.S.; unfortunately, Venmo doesn’t support international transfers.
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