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What is the Maximum You Can Send on Venmo Per Day?
Venmo per day limit: For most users, the maximum amount you can send on Venmo per day depends on whether your account is verified or not:
Non-Verified Accounts: Non-verified Venmo accounts have a lower daily sending limit, typically around $299.99 per day. This includes payments to friends, family, and merchants.
Verified Accounts: Once your account is verified, the daily sending limit increases significantly. Verified accounts generally have a combined weekly sending limit of $4,999.99, with no strict daily limit. However, individual transactions may still be subject to a maximum limit.
How to Increase Your Venmo Daily Limit?
To increase your Venmo daily sending limit, follow these steps:-Verify Your Account:
Provide Personal Information: You’ll need to submit additional details, including your full name, date of birth, and the last four digits of your Social Security Number (SSN). In some cases, Venmo might ask for your full SSN.
Link a Verified Bank Account: Connecting a bank account that has been verified by Venmo will also contribute to increasing your limits.
Complete Identity Verification:
Go to the Venmo app, navigate to the settings menu, and select the option to verify your identity.
Follow the prompts to submit the required personal information.
Wait for Confirmation:
Once you’ve provided the necessary information, Venmo will review your account. This process can take a few minutes or up to a few days.
Monitor Your Account:
After your account is verified, your sending limits should automatically increase. You can check your current limits in the app by going to „Settings” and then selecting „Limits.”
By verifying your Venmo account, you’ll gain access to higher sending limits, making it easier to manage larger transactions and enjoy greater flexibility with your payments.
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