Is there a limit to the amount of money I can send or receive on Venmo?

Yes, there are limits to the amount of money you can send or receive on Venmo. The initial weekly limit for sending and receiving funds is $299.99. However, once you verify your identity, this limit increases to $4,999.99 per week. Additionally, there is a limit of $6,999.99 for outgoing transactions within a given week. If you need to exceed these limits, you can apply for Venmo's increased limits by providing additional information about your account and financial situation. It's important to note that these limits are subject to change and may vary depending on various factors, such as your account history and usage.