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

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

This topic contains 0 replies, has 1 voice, and was last updated by  41675253 6 months, 1 week ago.

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    41675253
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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
    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.
    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:
    Person-to-Person Payments:
    These count toward the weekly sending limit mentioned above.
    Purchases:
    If you make purchases with Venmo (e.g., using your Venmo balance at approved merchants), these also count toward your overall weekly limit.
    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.

    • This topic was modified 6 months, 1 week ago by  41675253.
    Last edited: 21.05.2024 11:50

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