For using Venmo, you are supposed to link a bank account to which the money would be debited or credited. If you have recently created a Venmo account and completed all the necessary steps to start using it, then you must have linked your bank account as well. All the transactions that you make through your Venmo account are also supposed to show up on your linked bank account’s statement. But, several Venmo users have reportedly complained that Venmo payment not showing up in bank account.
Well, this could be a sign of trouble for those who use Venmo for sending business payments and need to show their account statements as proof of transaction. So, in this post, we are going to have a discussion on why Venmo payment not showing up in bank account and what you can do in such a situation.
Why Venmo money not showing up in bank account?
Among several known and unknown reasons, we would try to figure out the major causes behind why Venmo money isn’t showing up in your account statement:
- You haven’t made an instant deposit from your account which means you have made a standard transfer. So, when you choose this mode of sending money, it will take a few business days to reflect in your account.
- Apart from this, if Venmo is experiencing server-related problems, then you are supposed to come across this issue.
- At times, when the servers of your bank are down, then also this will result in the same issue you are facing.
- You might have linked another bank account during Venmo sign up and you are checking the details of another bank account by mistake.
The time taken by Venmo to reflect payments in your account
If Venmo payment not showing up in bank account then you should try to know the time taken for a Venmo payment to show up in your bank account.
- In case Venmo instant transfer not working and you choose the standard payment method to make the transaction, in that case, you need to wait for about 2-3 business days to reflect the amount in your account. Sometimes, it may take about a week for the payment to show up.
- If you make an instant transfer, the transaction should show up within 30 minutes of making the payment.
Things you can do to fix this problem
If Venmo payment not showing up in bank account, then you can wait for the specified time and see if this resolves your concern. Else, you can contact someone in your bank and try to seek relevant information from them. If there is no problem at their end, then there is a problem with your Venmo account and you need to fix it as soon as possible.
To increase the Venmo transfer limit, it is necessary that you link your bank account with Venmo and complete the mobile and email verification as well. However, sometimes, your Venmo transactions won’t show up in your bank account. So, in that case, you need to first figure out the cause, wait for some time, or contact your bank.
Frequently Asked Questions-
How does Venmo appear on bank statement?
To see all your Venmo transactions on your bank account’s statement, it is important that you link your primary bank account with it. As soon as your account is linked, the transactions would start showing up. If you are already seeing Venmo appearing on your bank statement, then somebody close to you might have added your bank account with his Venmo profile.
How do I know if my Venmo payment went through?
You can easily check your transaction in Venmo’s personal transaction feed. Apart from this, you also get notified of a payment status as soon as it is successful or failed. In addition to that, you can also check it in your bank account statement.
Can Venmo take money from your bank account?
Until you make a transaction through your Credit Card, Venmo would not be able to deduct any money from your bank account. For credit card transactions, it charges a certain fee and it gets deducted automatically.