Does Venmo have a daily limit?

Generally speaking, Venmo uses weekly limits, not daily limits. However, it does impose a $1,000 daily limit on ATM withdrawals.

How much can you send on Venmo per week?

The amount you can send on Venmo per week depends on the type of account you have and whether or not it is verified. In some cases you may be able to send as much as $60,000 per week.

How do I increase my Venmo limit?

You can increase your Venmo limits by verifying your account.

What is the Venmo ATM withdrawal limit?

Venmo allows ATM withdrawals of up to $1,000 per day, unless your Venmo account balance is lower.

Can I receive unlimited money on Venmo?

Yes, there are no limitations as to what you can receive in your Venmo account.

Do business accounts have higher Venmo limits?

Business accounts have different limits at Venmo, as outlined above. Both weekly and per-transaction transfers to a bank carry much higher limits.

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Venmo Limits: How Much Can You Send & Receive?

February 25, 2025

5 min Read

Written by Lindsey Boycott

Edited by Nupur Gambhir

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Venmo is a money transfer service that offers an easy way to send and receive money from others. This can come in handy for everything from splitting a dinner bill to settling up debts. You can also use Venmo to buy merchandise with a QR code, making it a convenient all-around payment app.

If you’re planning to use Venmo, however, you should know that the company sets limits for various transactions. Venmo limits transactions primarily to help prevent fraud. As it can be hard to get money back into a Venmo account once it has been withdrawn, Venmo aims to limit the damage that may come from large unauthorized transactions.

Here’s a look at all you’ll need to know when it comes to Venmo limits.

Understanding Venmo Limits

Why Venmo Has Transfer Limits

As the Venmo network is completely online, it’s important to keep checks on it so that fraudsters don’t run away with millions of dollars before anyone is even aware of it. Having transaction limits helps keep the Venmo system secure and protect both the company and its users from fraud.

Another reason Venmo has transfer limits, however, is to comply with banking regulations.

Venmo Sending Limits

Venmo Daily Limit

Unlike some other institutions, Venmo doesn’t set daily transaction limits. Rather, it uses weekly limits for most transfers. The exception is the $1,000 daily limit for ATM withdrawals.

Venmo Weekly Limit

When you sign up for a Venmo personal account, you can send up to $299.99 a week before having to verify your identity with Venmo. Going through the authentication process usually takes a few minutes on the app and may allow you to send up to $60,000 per week, depending on other factors such as payment method.

You can pay up to $7,000 for purchases by either using your QR code or using Venmo online or through another app.

Venmo’s weekly limits are calculated based on a rolling calendar. For example, if you send money to another user on Thursday at 2:30 p.m., the payment will clear your weekly limit the following Thursday at 2:31 p.m.

Business Venmo accounts have different limits than personal accounts. However, like personal accounts, Venmo sets limits on business accounts depending on whether or not you have verified your identity. Here are the sending limits for Venmo business accounts:

Person-to-Person Weekly Limit

Unverified: $2,499.99
Verified: $25,000

Standard and Instant Bank Transfer Weekly Limit

Unverified: $999.99
Verified: $49,999.99

You can use Instant Transfer to move up to $10,000 per transaction to a debit card and $50,000 per transaction to a bank account.

Venmo Max Transfer for Bank Accounts

Venmo sets separate limits when sending money from Venmo to your bank account.

Unverified accounts: $999 per week
Verified accounts: $19,999.99 per week
Per-transfer limit: $5,000
Minimum transfer amount: $0.26

Venmo Receiving Limits

Is There a Limit on How Much You Can Receive?

Restrictions for unverified accounts.

Business account receiving limits.

Venmo Withdrawal Limits

ATM and Debit Card Withdrawal Limits

Venmo limits ATM withdrawals on a daily basis to the lesser of your Venmo account balance of $1,000.

For debit cards, the maximum weekly expenditure is $7,000, with a $2,999.99 per-transaction limit.

Limits for cashback at stores.

Bank Transfer Withdrawal Limits

If you are unable to add a verified bank account and you don’t have a Venmo debit card, you can still make payments with Venmo by linking another payment method.

Venmo Spending Limits

Venmo Debit Card Limits

You can purchase up to $7,000 per week on your Venmo debit card with a verified profile, but just $299.99 with an unverified one.

Venmo debit cards can be used anywhere MasterCard is accepted in the U.S. or in U.S. territories.

Venmo Business Profile Limits

For business accounts, unverified users can send $2,499.99 in person-to-person transfers, and verified users can send up to $25,000.

How to Increase Your Venmo Limits

Verifying Your Identity

You can verify your Venmo account in one of two ways, instant verification or manual verification.

Instant Verification

Venmo uses Plaid to instantly verify your account. You’ll need to provide the login credentials for your bank, including your username and password, in order for Plaid to process your verification.

Manual Verification

You can verify your Venmo account by manually linking your bank to your Venmo account. Venmo will then make two small deposits to your bank account that you must report back to Venmo in order to process the verification. This step can take a few business days, meaning instant verification is a much faster option.

As shown above, verifying your account on Venmo is an important step because it can greatly increase your sending limits.

Switching to a Business Account

If you qualify as a business, you can enjoy much higher limits on weekly and per-transaction transfers to your bank.

Venmo limits transactions both to comply with banking regulations and to protect against fraud. To get the most out of Venmo, you’ll want to verify your account, or perhaps even open a business account, if eligible. Of course, if you’re concerned about large transactions processing through your Venmo account, perhaps you won’t want to verify your account — that way, your transaction limits will be low.

Taylor DeJesus contributed to the reporting for this article.

Information is accurate as of Feb. 17, 2025.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

The article above was refined via automated technology and then fine-tuned and verified for accuracy by a member of our editorial team.