Venmo Support

What are the Venmo’s Transaction Limits?

Venmo sets limits on how much you can withdraw, send, and receive. These depend on your account status (verified or unverified), type of transaction and usage history – it will go through some of the most crucial limits you should keep an eye out for when using Venmo.

1. Venmo Limits for Unverified Accounts: Venmo has set lower limits for users who have yet to verify their identities (known as unverified users) which could include lower deposit limits. In seven-day cycles, the Venmo limit to send $299.99. Your monthly maximum payout limit is set at $1,000. You can increase higher Venmo limit per week by verifying your account. For this to work properly, personal details like full name and date of birth as well as last four digits from Social Security Number will need to be submitted to verify it.

2. Venmo Limits for Verified Accounts: Once your identity has been verified, Venmo will significantly expand your limits – this process is straightforward but may require that additional documents such as government-issued identification be presented for validation. Venmo recently increased the limits for verified accounts. Cash App users with verification status can send up to $4,999.99 every seven days.