(Reasons) Venmo Payment not Showing up in Bank Account

Is your Venmo payment not showing up in your bank account?

Is your money not transferring from Venmo to the bank?

If that’s what you are looking for, you are at the right place. In this post, we have explained why is your Venmo payment not showing up in your bank account.

So let’s get started.

Why is Venmo payment not showing up in bank account

Short Answer: Venmo payment is not showing up in your bank account due to several reasons, such as you have selected the standard transfer option instead of an instant deposit, which takes a few days to move the payments. Other reasons could be Venmo or bank server issues.

Venmo logo

There can also be other reasons why Venmo payments may not transfer or show up in your bank account. Below we have explained all the reasons in detail.

#1 You haven’t transferred money to your Bank account

If you are new to the Venmo app, you should know that the funds in the Venmo balance are not automatically transferred to your Bank; you have to move it.

Your money or balance in your Venmo account is stored in the Venmo wallet unless you transfer it to your bank account.

So, if you don’t know how to transfer money from your Venmo account to your bank account, you can check the steps to take in the other part of the article.

If you have moved your money to your Bank correctly, there might be several other reasons your payment is not showing as listed below.

#2 You chose standard deposit instead of Instant deposit

When you are transferring money from your Venmo account to your bank account, there are two options, one is the Standard deposit, and the other is the Instant deposit.

Standard deposit takes 2-3 business days to transfer the funds and sometimes up to a week.

On the other hand, instant deposits are instant or may take up to 30 minutes.

Note: The Standard deposit option is free, but the Instant deposit asks for a 1.5% fee (with a minimum fee of $0.25 and a maximum fee of $15) for each transfer.

#3 Servers of Venmo are having issues

Venmo, owned by PayPal, is a financial technology company with over 70 million users. So, there are thousands, if not millions, of transactions going on in real time. It isn’t easy to maintain and process these transactions at the same time.

Sometimes Venmo app servers experience issues, which can result in transfer failure or delayed payment.

So, if you have moved your money from Venmo to your Bank, and it’s not showing up, then the chances are that the servers of Venmo are down.

You can check the server status of Venmo by visiting its down detector page here.

Servers of Venmo are having issues

#4 Servers of your Bank are down

If the servers of Venmo are working fine, then it might also be the case that the servers of your Bank account are down.

So, if you have transferred money from your Venmo account to your bank account and the servers of your bank are down, then the payment will remain on hold for a while.

However, the payment will show up in your bank account once the server issues are resolved. Don’t worry about that at all. 

Note: This issue may take a few hours or even more than that to get resolved.

#5 Venmo flagged your Payment

To protect users from fraudsters or scammers, the Venmo security system works continuously. These security bots block the payment when they detect any unusual activity.

So, even if your payment is legitimate, it can also be flagged by mistake, and your transfer can fail or not reach your bank account.

In this case, if the money is deducted from your Venmo account and not showing to your bank, then it should return to your Venmo balance within a few days.

SEE ALSO: How to remove card from Venmo

How long does it take for a Venmo payment to show up in my bank account

There are two ways to transfer money from your Venmo account to your bank account; one is Standard transfer – it takes 2-3 business days but may also take up to a week. The other option is instant transfer, which is instant or completes the transfer within 30 minutes, but it comes with a 1.5% fee (with a minimum fee of $0.25 and a maximum fee of $15) for each transaction.

What to do if Venmo payment is not showing up in bank account

1. Wait for a while

You are not alone whose Venmo payment is not showing up in your Bank account. There are many like you. So, don’t fret, this problem is very common. Sooner or later, all the payments get transferred to their destination.

So, if you have done everything right at your end and your Venmo payment is not visible in your Bank account, then it is best to wait for a few days.

If you do need your money urgently, you can try the next method.

2. Contact Venmo

If you have waited for a few days and still your payment is not showing in your bank account, then the next step you can take is to reach out to Venmo support.

Venmo’s support team will be able to understand the problem better and assist you accordingly.

You can contact Venmo support by filling out this form or call them at (855) 812-4430 (M–F, 10:00 am–6:00 pm ET)

You can also contact Venmo support on their Twitter handle.

Furthermore, you can also chat with Venmo support in the app by going to Menu > Get Help > Contact Us > Chat with Us.

3. Contact your bank

If Venmo support isn’t able to help you out, then the last step left is to contact your bank.

You can find your bank support number by searching on the web, or you can also visit the bank.

How to transfer money from Venmo to bank account

Note: Before you can follow the steps below, you must have linked your bank account in your Venmo app.

  • Step 1- Open the Venmo App and log in

To begin with, open the Venmo app on your device and log in to your account, if you haven’t already.

  • Step 2- Tap on the Menu button

Now, from the home screen of the Venmo app, tap on the menu button (three dots icon) present in the upper right corner of the app.

  • Step 3- Tap Manage Balance

From the drop-down menu that appears, tap on the ‘Manage Balance’ option.

  • Step 4- Tap Transfer to Bank

Now, from the pop-up menu, choose ‘Transfer to Bank’ instead of ‘Add Money.’

  • Step 5- Enter amount you want to transfer

In the next menu, choose the amount you want to transfer from your Venmo account to your bank account.

  • Step 6- Choose your Bank account or card.

Now, in the same menu, there will be an option to choose the bank account in which you want to transfer money. If you have linked multiple accounts in your Venmo app, select the one carefully.

  • Step 7- Tap the Transfer button

Now, simply tap on the green transfer button to send money from your Venmo account to your bank account.

Final Words

Venmo is a very simple and easy-to-use peer-to-peer money-transferring app owned by PayPal. Apart from sending and receiving money, you can also get a Venmo debit card to pay at stores.

Well, you should not experience any issues on Venmo, but sometimes due to some technical problems or other issues, you may have problems using the app like what we discussed today in this post.

So, we hope you were able to understand why Venmo Payments are not showing up in your Bank Account after reading this post. For more information like this, you can visit our Venmo section.

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