Venmo Withdrawal Limits

Aside from sending money, Venmo also has limits on transferring funds to your bank account. These limits also vary based on account verification status and the type of transfer.

1. Unverified Accounts: 

$999.99 weekly transfer limit to your bank, subject to security checks.

2. Verified Accounts:

• Standard Transfer: Up to $19,999.99 per week with a $5,000 per-transaction limit. Standard transfers usually reach your bank in 1-3 business days.
• Instant Transfer: Up to $50,000 per week with a $10,000 per-transaction limit. Instant transfers typically hit your bank account within minutes, but include a fee (usually around 1.75% with a minimum of $0.25 and a maximum of $25).

Venmo is a popular mobile payment app, making it easy to split bills, send money to friends, or shop at select online stores. But before you start using Venmo for your transactions, it’s essential to understand the limits on how much you can send.