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Your Venmo
daily transfer limit can be determined by two main criteria:
verification status and type of transfer attempt.
Unverified
Venmo Users: Venmo
accounts that lack verification usually face strict transfer limitations daily
and should expect limited transfer limits per day, usually as follows.
·
Limit for sending: $299.99 weekly (person-to-person
transactions).
·
Transfer Limit: Zero for transfers made directly to
bank accounts or debit cards, making Venmo an ideal platform for large
transfers and transactions. Verification is crucial when considering using
Venmo for such large-scale use cases.
Verified
Venmo Users: Once
your account is verified through Venmo, its limits become much more generous:
·
Limit of sending: $4,999.99 in transactions made
between individuals.
·
Limit of Transfers: Users with verified accounts may
transfer up to $19,999.99 every week into accounts linked with credit cards or
banks.