Why Can't I Send More Money? How To Maximize Your Venmo Limit?
Are you wondering why can't I send more money with Venmo? Venmo has certain limitations. Venmo, as with many other financial services, imposes limits on your account to maintain security and compliance. Venmo Limits include both transaction limits as well as account limits. Account limits limit the maximum amount you can have in your Venmo balance. Transaction limits are the amount you can send within a certain timeframe or in one transaction. Users with unverified accounts have a $299.99 weekly limit on transfers between people. Verification increases the limit, which can sometimes reach $60,000 in certain cases. Unverified users are allowed to send person-to-person transfers up to $2,499.99 for business accounts. Verified users may send up to $25,000. Limits for crypto, purchases, and bank transfers also vary. Continue reading to find out everything you need about Venmo's limits . Continue reading to learn more and find out how to increase your Venmo limit. S...