Venmo Money Transfer

Venmo FAQ

What money transfer methods does Venmo support?

• Bank accounts.

How much money can you send with Venmo?

What fees and commissions does Venmo charge?

• Venmo offers free peer to peer (P2P) money transactions. However, you may have to pay a fee if you use certain payment options, such as a credit card, or if you exceed their transaction amount limits.
• Venmo does not charge a flat processing fee. Instead the cost varies depending on the amount you transfer.
• There is a processing commission of 3%. For example, on a $1,000 transfer you will pay around $30. This is just an estimate there may be other fees and commissions to consider.

Venmo does not charge a fee to send money to Mexico. However, remember that money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Venmo does not charge a fee to send money to India. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Venmo does not charge a fee to send money to the Philippines. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Venmo does not charge a fee to send money to China. However, money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction.