What is the Venmo’s Sending Limits for Personal Accounts?

Venmo
accounts with personal addresses have specific restrictions that differ from
business accounts to safeguard security and prevent fraud, so users can safely
transfer money on the platform. Individual accounts are restricted from sending
funds out based on the degree to which their identity has been verified; you
cannot transfer money between personal accounts. These
Venmo transfer limits are based on what degree you have
verified your identity with Venmo.

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Venmo Transfer Limits on Unverified Accounts: If your Venmo account has yet to go
through the verification process, its transfer limits are lower and sending per
week for unverified users is set at $299.99 while each individual transaction
cannot exceed $0.99 unless owned by an account owner.

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Verified Venmo Account Limits: Once you have verified your identity, Venmo weekly limits will increase. Once verified users can send up to
$4,999.99 each week; this applies across all transactions conducted within
7-days period; not just one. To achieve verification for your bank account you
will need to supply personal details like your address, name, and date of birth
in addition to last four digits of Social Security number as proof.

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