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How to Verify Your Account to Increase Venmo Weekly Sending Limit

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  • Are you looking to increase your Venmo weekly sending limit? Verifying your account is the key to unlocking higher limits. In this guide, we will walk you through the steps to verify your Venmo account and increase your Venmo limit.

    Step-by-Step Guide to Increase Your Venmo Weekly Sending Limit

    Increasing your Venmo weekly sending limit involves a few straightforward steps. Here’s a step-by-step guide to help you through the process:

    Step 1: Open the Venmo App

    1. Launch the Venmo app on your mobile device.
    2. Log in to your account if you haven’t already.

    Step 2: Access the Menu

    1. Tap the three horizontal lines (menu icon) in the top-left corner of the screen.
    2. Select "Settings" from the menu options.

    Step 3: Navigate to Identity Verification

    1. In the "Settings" menu, tap on "Identity Verification."
    2. You will be directed to the verification process, which is essential to increase your Venmo limit.

    Step 4: Provide Personal Information

    1. Enter your legal first and last name.
    2. Provide your date of birth.
    3. Enter your Social Security Number (SSN). You may only need to enter the last four digits in some cases.

    Step 5: Submit Additional Documentation (if required)

    1. Venmo may ask for additional documentation to verify your identity, such as a government-issued ID.
    2. Follow the on-screen instructions to upload the required documents.

    Step 6: Complete the Verification Process

    1. Review all the entered information for accuracy.
    2. Submit the verification form.
    3. Venmo will review your submission and notify you once your account has been verified.

    Benefits of Increasing Your Venmo Limit

    Verifying your account and increasing your Venmo limit allows you to enjoy several benefits:

    1. Higher Sending Limits: Once verified, your Venmo weekly sending limit will increase significantly, enabling you to send more money.
    2. Enhanced Security: Verification adds an extra layer of security to your Venmo account, protecting your transactions.
    3. Access to Additional Features: Some features and services within Venmo are only available to verified users.

    Conclusion

    Increasing your Venmo weekly sending limit is a straightforward process that involves verifying your account. By following the steps outlined above, you can easily complete the verification process and enjoy the benefits of higher sending limits on Venmo. Remember, verifying your account not only increases your Venmo limit but also enhances the security of your transactions.

    FAQs

    Q1: How long does it take to verify my Venmo account?

    A1: The verification process typically takes a few minutes to a few business days, depending on the additional documentation required.

    Q2: Why is Venmo asking for my SSN?

    A2: Venmo requires your SSN to comply with federal regulations and to verify your identity.

    Q3: What is the new weekly sending limit after verification?

    A3: After verifying your account, your Venmo weekly sending limit increases to $6,999.99.

    Q4: Can I use Venmo without verifying my identity?

    A4: Yes, but your sending limit will be significantly lower, and you won’t have access to certain features.

    Q5: Is my personal information secure with Venmo?

    A5: Yes, Venmo uses encryption and other security measures to protect your personal information.

    By following these steps and tips, you can increase your Venmo weekly sending limit and make the most out of your Venmo account.

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