Why Can't I Transfer Money from Venmo to My Bank Account?

If you are having problems transferring money to your bank from your Venmo account, there are possible reasons you can explore. If you would like to contact Venmo first, and skip the troubleshooting, Venmo has a few different options for customer support. However, if you'd like to troubleshoot the problem first you can check to make sure that your bank participated in an instant transfer program. You can also check to make sure that you have verified your bank account. Venmo isn't responsible for lost transfers. If you fail to verify your account and your transfer doesn't show up in your account you will have to resolve the issue through your bank. If your bank doesn't participate in an instant transfer service you can ask them to enroll in this service so that you can transfer your Venmo funds to your bank.

Adam Goldkamp is the editor / author responsible for this content.
Dec 7, 2022

Venmo is a popular cash app that allows people to transfer money to each other. This app can be used alone and gives customers the option to get a debit card linked to their account. Plus, customers can also link their banks to their Venmo accounts. However, steps need to be taken to properly link a bank card in order to transfer money. If you are having difficulty transferring money to your bank there are possible reasons.

Your Bank May Not Participate in Instant Transfer Service

Your bank many not participate i an instant transfer service If you've added your bank to your Venmo card bust still aren't able to transfer money. You will know this if you try to transfer funds to your bank and your bank is greyed out. You can call your bank and ask them to enroll in an instant transfer service if this is the problem. You can do this by reaching out to your bank and letting them know that you have a Venmo cash app and would like to be able to transfer funds to your bank account.

Have You Verified Your Bank...

If you haven't verified your bank, you probably wont be able to make transfers. Follow the directions to verify your bank once you've added it to your Venmo account. However, if you are able to send money without verifying your account and something goes wrong, Venmo isn't responsible for lost transfers.

Contact Venmo for Help...

If you've retraced all of your steps and still cant find a reason for your inability to transfer funds to your account, call Venmo. Venmo provides several ways for customers to reach out. You can call Venmo's customer support line for help. This is probably the easiest method. Also, Venmo provides a support team web form that can be used to detail your problem as well as the option to chat with a support specialist via the mobile app.

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Adam has been tirelessly trying to help customers find the best tips and tricks to get through phone trees and writing many guides for prickly customer service problems. He's been featured in the Wall Street Journal, Inside Edition and Bloomberg.
Why Can't I Transfer Money from Venmo to My Bank Account?

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Why can't I transfer my Venmo funds to my bank account?
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