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Updated over 5 years ago on . Most recent reply
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Venmo limits....any way of increasing these
I have many rentals and have started really getting hurt with Venmo's limits on how much you can transfer out of venmo on a weekly basis.
I can only transfer $19k per week to my bank. I have alot more than than coming in through Venmo. Holding those funds really doesn't work.
Anyone else run into this? Any ideas?
thanks
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So far as I’m aware, you can’t- it’s part of their risk models similar to their ach transfer limits (which is automatically set). at a lot of banks... I guess Congrats, at 19k a week you need to move to a more formal payment solution,