Venmo sets specific limits on how much money can be available based on whether your bank account has been verified. Here is how it works:
• Unverified accounts have a Venmo weekly limit set at $299.99; unverified accounts often have limits lower than this threshold.
• Once you verify the authenticity of your Venmo account by providing additional details like Social Security Number (SSN) and government issued identification documents, its weekly receiving limit could dramatically increase. Verified accounts can earn up to $4,999.99 every week!

For more info: https://events.scenethink.com/how-much-is-venmo-transfer-limit-what-every-user-should-know-dec-31-2024