Cash App is a popular mobile payment service that allows users to send and receive money quickly and easily. However, like any financial service, there are certain limits in place to ensure the security of transactions. One important limit to be aware of is the cash app sending limit after verification.
After verifying your account on Cash App, which typically involves providing personal information such as your name, date of birth, and the last four digits of your Social Security number, you will be able to send money up to a certain limit. The exact amount of this limit can vary depending on several factors, including the verification level of your account and your transaction history.
For unverified accounts, the sending limit on Cash App is $250 per week. This means that you can send up to $250 to other users within a seven-day period. However, once you verify your account, this limit increases significantly. The exact amount of the sending limit after verification can range from $2,500 to $7,500 per week, depending on the individual circumstances of your account.
It is important to note that the sending limit on Cash App is cumulative, meaning that it includes all outgoing transactions, including payments to other users, purchases made with your Cash App card, and any other transfers from your account. If you reach your sending limit, you will not be able to send any more money until the limit resets at the beginning of the next week.
To increase your sending limit on Cash App, you can request a higher limit by contacting customer support. You may be asked to provide additional documentation to verify your identity and financial information, such as a copy of your driver's license or a recent bank statement. Once your identity is verified, Cash App may increase your sending limit accordingly.
In conclusion, the sending limit on Cash App after verification is an important factor to consider when using the service to send money to friends, family, or businesses. By verifying your account and understanding the sending limit restrictions, you can ensure that your transactions are secure and within the limits allowed by Cash App. If you need to send more than the standard limit, you can request a higher limit by providing additional documentation and verifying your identity.