To learn about the specific payment and bank transfer limits for your Venmo business profile, check out this information.
Payment and bank transfer limits are separated between business and personal profiles. Learn more about payment limits for personal profiles here. Learn more about bank transfer limits for personal profiles here.
Outbound Payments and Bank Transfers
To help separate your business and personal finances, business profiles have separate payment and bank transfer limits. This gives you greater flexibility with your money in Venmo, so you can spend the money your business receives or transfer that money to your bank without affecting the limits on your personal profile.
If you have not yet completed identity verification for your business profile, you will have a weekly payment limit of $2,499.99. You will also have a weekly bank transfer limit of $999.99
- To verify your identity, select Identity Verification from the Settings menu of your business profile in the app. Learn more about verifying your identity.
If you have completed identity verification, it is possible to send up to $25,000 from your business profile per week on Venmo. However, your transactions may be declined for other reasons.
Completing the identity verification also makes your weekly bank transfer limit $49,999.99. There is a per-transaction limit of $10,000.00 for Instant Transfers to your debit card, and $50,000.00 for Instant Transfers to your bank account.
Adding Money to your Business Profile:
Some Venmo users have the option to add money to their Venmo business profile, specifically when refunding contactless payments accepted with Tap to Pay.
Note: Adding money is not required to make outbound payments from your business profile.
Eligible business profiles may be able to add up to $10,000 per week using a verified bank account. The limit for adding money using a connected debit card is up to $2,000 per week.
About Weekly Rolling Limits
Most limits on your account are rolling weekly limits. This means that a transaction counts against your limit for exactly one calendar week from the time of authorization. For example, if you make a transaction on a Monday at 11:00 AM, that transaction will no longer count against your limit at 11:01 AM the following Monday.