Are you wondering how much can you send on Venmo? Well, the money you can send on Venmo depends upon whether your account is verified. Venmo is peer to peer to transfer that can be funded by account or debit card for free, however instant transfers cost a fee. Venmo sets two major limits to how much money can be sent in a week: your transfer limit and account verification status. These limits are set for the protection of your account and comply with financial regulations.
However, as a frequent Venmo user, you may want to increase your transfer limit. You can do this manually by linking your bank account and verifying your account. Once your Venmo account is verified you can transfer up to $500 weekly. Venmo gives you the option of linking bank account with your profile and increase by following steps in the app’s menu, selecting “Add a Bank,” and providing key details like your name, date of birth and social security number. Hence, your Venmo limits can be easily raised by providing proof of identity, lining your bank account, and maintaining a positive transaction history. So, let’s begin and learn more about it.
What is The Venmo Limit for 2025 and How to Increase It?
Venmo has implemented limits on how much money can you send through the platform and these limits depend on whether your account is verified or not. Below mentioned are the Venmo person-to-person limit for verified and unverified users:
Venmo Limits for Unverified Users: For non-verified Venmo users the limits are quite restrictive. If your account is unverified, you are restricted from transferring money in several ways:
· Daily limit for sending money: Without verification, you can send up to $299.99 for person-to-person payments, such as paying friends or sending money to family members.
· Weekly limits for sending money: The Venmo transfer limit are set at around $499.99 per week for verified users. This means you can not send more than $499.99 within a week other then the daily limits.
Venmo Limit for Verified Accounts: For verified Venmo accounts, the limits on sending and receiving money are higher. To verify your account, you need to verify Venmo account by sharing details such as your full name, date of birth and last four digits of social security number. Once verified, your Venmo account will have below mentioned limits:
· Daily limit for sending money: After verifying your Venmo account, you can send up to $2,999.99 per day person-to-person payments.
· Weekly limit for sending money: With a verified Venmo account, you can send up to $4,999.99 per week. This means you can make multiple payment throughout the week under these limits set by the Venmo.
What are the Venmo Receiving Limits?
The Venmo does not impose strict limits for receiving money. Moreover, if you verify your Venmo account, you can receive unlimited funds and request money from other users. However, without verification you can receive up to $299.99 per week.
How to Increase Venmo Limits?
To increase Venmo limit, you need to complete the identity verification process. You can also do it by linking bank account and card. This process is quite simple and does not take much time. Moreover, the Venmo verifications may take few minutes, but it can give you higher sending and receiving limits.
How to Verify Venmo Account?
To get higher Venmo limit, you need to get verified. Here is how to verify your Venmo account:
· Open the Venmo app to your mobile phone.
· Tap on the Profile icon in the top left corner.
· Then go the Settings> Identity Verification.
· Next follow the steps to share details such as your full name, address, date of birth and last four digits of your Social Security Numbers.
· You may also ned to share a photo of your government-issues ID and selfie for additional verification.
· Once you account is verified, your Venmo limit per week increases, and you can start sending and receiving larger amounts of money.
FAQ
How much can I send on Venmo per week?
Without verifying your Venmo account, you can send up to $299.99 per week and after verification this limit is higher $4,999.99.
Can I send $7,000 on Venmo?
No, you can not send because the Venmo limits is $499.99 for verified users. However, if you still want to do it, you can contact the customer support.
How much does Venmo charge to send money?
Venmo does not charge any fee for standard money transfers. However, for instant transfers on Venmo, you may need to pay a 1.5 percent fee.
How do I increase my Venmo send limit?
To increase your send limit, verify your Venmo account by providing your personal information and linking a bank account or debit card.