Why Venmo Won't Let Me Send Money from Balance - Solved

Frustrating, right? Venmo won't let you send money from your balance, and it's not just you who's experiencing this issue.

Venmo's terms of service explicitly state that you can only send money if you have enough available balance in your account. This includes any pending or disputed transactions that may not be available for use.

If your Venmo account is locked, you won't be able to send or receive money. This can happen if you've exceeded your daily or weekly transfer limits, or if there's an issue with your account verification.

To resolve the issue, you need to check your account status and verify your identity by providing the required documents.

Venmo won't let you send money from your balance due to some common reasons.

One of the main reasons is that Venmo is unable to process your payment. Some common reasons why Venmo is unable to process your payment are: insufficient funds, frozen account, or a pending transaction.

Your account may be frozen if Venmo suspects fraudulent activity or if you've exceeded the daily or weekly transfer limits.

Insufficient funds is another reason why Venmo won't let you send money. You need to have enough money in your Venmo balance to cover the transaction.

A pending transaction can also prevent you from sending money. This happens when the recipient's bank is processing the payment.

Intriguing read: Amazon Pay Pending Transaction

So, you're trying to send money from your Venmo balance, but it's not going through. One common issue is an insufficient balance. If your balance is low, Venmo will decline the transaction.

Make sure you have enough funds in your account to cover the payment. If your account is a bit short, add more money to it and try again.

If you're still having trouble, it might be because your Venmo balance is tied to your identity verification status. If you haven't verified your identity, you won't be able to use your Venmo balance for payments.

To fix this, complete your identity verification process. This will ensure that you can use your Venmo balance for transactions.

Venmo also has different payment types: bank transfers and instant transfers. If you sent a payment as a bank transfer, it might take 1 to 3 business days to process. If you're in a hurry, try sending an instant transfer instead.

Here are some possible reasons why your payment is pending: