How to Cash a Check on Venmo [Complete Guide]

One of the notable features that Venmo has added to Suites in 2021 is the check deposit or monetization feature. Venmo also has the option to cash your check instantly. Learn the whole process of Cash a Check on Venmo on mobile. Includes details about fees and how long it takes to check on Venmo.

Eligible Venmo customers who can receive government incentive certificate checks in the coming weeks. This new feature can be used to have incentive checks sent directly to their Venmo account, usually within minutes. Incentives are waived for a limited time. This allows people to follow social distancing protocols and access fast and affordable funds without having to go to the cashier or stand in queues. This is a simple solution. To get a good price.

Remember to use the mobile deposit feature. You’ll need to apply for a Venmo debit card or make a direct deposit with Venmo. If you don’t use any of these options, you won’t see it as a way to complete the transaction. Authenticate with Venmo

You only need to verify the information and make settings once to start using this feature.

Create a mobile check deposit and see how your checks are funded on Venmo.

Related Also Read: Venmo Debit Card

How To Cash a Check on Venmo | Venmo Mobile Check Deposit

Steps to Cash a Check on Venmo

Cash a Check on Venmo
  1. On the Venmo home screen, tap the hamburger icon. (three horizontal lines) or a person icon, such as the “You” tab (for newer versions of the app).
  2. Then tap Manage Balance. (This option may not appear in the app if you don’t have a Venmo debit card.)
  3. Then select Cash Check from the list of options. (You must set up a Venmo debit card or deposit directly to access this option.)
  4. Next, check your personal information.
  • If you qualify You must read and agree to Venmo’s Privacy Policy and Terms of Service.
  • Next, you need to enter information such as your date of birth. Social Security Number for verification
  • I agree to share information with Ingo (a bank partner with Venmo for mobile check deposits).

5. Enter the amount in the check.

6. Use the Venmo app to scan the front of the check. (The image of the check should fit in the box.) Place the check on a dark surface and make sure there is enough light to hold the check’s details.

7. Scan after a check (sign after check before scanning)

Check the details and click [Submit].

8. When the check is done The application will display the number of checks. Confirm the transaction details on the confirmation screen. Then send a check for confirmation.

9. You will receive a check and a confirmation email stating that it is in progress.

If your check is declined, the Venmo app will notify you. In this case, no funds will be credited to your Venmo account and no fees will be charged.

Related Also Read: Venmo Transfer Limit

Some Important Points to Consider Cash a Check on Venmo

Cash a Check on Venmo

After sending a check with Venmo, do not write “VOID” or “cash” on the check until you have received confirmation from Venmo that the check was accepted. It usually takes 10 to 15 minutes, but can take up to 1.5 hours, – which in rare cases occurs. This will help you monetize your checks offline. Or try again if the check doesn’t go through Venmo.

How to Cash a Check on Venmo

  1. Open the Venmo app and tap on the 3-line menu button.
  2. Choose Manage Balance
  3. Select Check Cache.
  4. Verify your personal information
  5. Enter the amount in the check.
  6. Use the in-app camera to take pictures before and after taking pictures. and click next
  7. Determine whether the money will be disbursed in “10 days” or “a few minutes”.
  8. After verifying your deposit, write “VOID” on the check and keep it as evidence.

The amount of the check will be added to your Venmo balance. You can use your balance to send money to other users. online shopping and can be exchanged in some shops You can also transfer your balance to a linked bank account. You can send and pay instantly within 3 business days, or you can charge an additional 1% transfer fee (capped at $10).

Related Also Read: Venmo Chargeback

Venmo Check Deposit Limit

For Venmo check deposits, the check amount must be a minimum of $5 and a maximum of $5,000. Checks can be deposited up to $5,000 per day and up to $15,000 per month.

While Venmo can help you check your cash, keep in mind that the funds you have in your Venmo account are not FDIC insured, so if you’re cautious and unprepared, I don’t recommend using Venmo to cash high-value checks. Use them or take cash.

Here Are Some Common Reasons for Bounced Checks, According to the Venmo Website:

  1. The check name does not match your Venmo account name.
  2. The reverse side of the check is not supported.
  3. The amount of the check is less than the minimum acceptable amount which is 5 USD or exceeds the maximum amount which is 5000. These are the check cash limits set by IngoMoney
  4. The image of the check is unclear or does not pass the authenticity check.
  5. Checks are one-way checks (statements from your account), temporary checks, credit card checks, or other unusual types of checks that we do not support.
  6. If Venmo asks you to share a picture of a bad check, you didn’t get a picture of the correct valid check.
  7. Adequate information is not verified in the check issuer’s account.
  8. Control is carried out on closed or compromised accounts.

Related Also Read: Transfer Money From Venmo to Bank

Can I Cash a Check on Venmo?

How do I use the Check Cash service in the Venmo app? Enter the check amount, take a picture of the front and back of the approved check using your mobile device, and click Next. Choose how quickly you want to withdraw money (fees may apply).

Can You Send a Venmo check Right Now?

Another great feature is that you can instantly check cash on a small ribbon on Venmo (1% for official paychecks and incentive checks, 5% otherwise). Remember, to use the mobile deposit feature, you must apply for a Venmo debit card or set up a deposit directly on Venmo.

How to Accept a Check for a Mobile Deposit?

Under new banking regulations, all checks deposited through mobile services must be handwritten in the endorsement area on the back of the check under your signature, or the deposit may be rejected.