Venmo won't let you send large amounts mainly due to unverified status and specific weekly limits .

If you haven't verified your identity, your weekly sending limit is just $299.99 .
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This small limit is designed for casual use and to prevent fraud .
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For verified users, the limit increases significantly to up to $60,000 per week .
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However, even verified accounts have a per-transaction cap of $5,000 for instant bank transfers .
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Venmo uses a "rolling weekly limit," meaning a transaction counts against your limit for exactly seven days from when you send it .
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Your attempt may also fail if you've already hit your $19,999.99 weekly bank transfer limit .
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These limits exist to comply with financial regulations and protect against money laundering .
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To increase your limit, verify your identity in the app under Settings > Identity Verification .
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You will need to provide your legal name, address, and Social Security number .
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Once verified, the system may also review your account history before allowing maximum limits .
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If you need to send a large amount, consider splitting it into smaller transactions over several days .
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Alternatively, using a standard bank transfer (which takes 1-3 days) avoids the lower limits of instant transfers .
1-(844)-569-2317