In this article, we will be providing you with steps on how to get money out of a frozen Venmo account.
Table of Contents
- How To Get Money Out Of Frozen Venmo Account
- How Long Does It Take For Venmo To Unfreeze Your Account?
Venmo is a second-choice bank that has made banking and online transactions easy for people. You can make any transaction from anywhere at any time of the day with your Venmo account.
Despite being a financial technology application, they have grown to become very popular in the making fast and secured payment online
Due to some security threats that many financial mobile apps are facing, Venmo is trying to totally eliminate scammers and fraudsters that are using Venmo to make transactions.
If you are using Venmo you may likely face some security checks on the platform, this is to make the environment safe for transactions.
One such security check on Venmo is the freezing of your account when they discover any unauthorized transaction on the app. The freezing of your account will keep your funds in your account and making any form of transaction will be clamped down until Venmo has proven you to be innocent before your account can be unfrozen.
This will be very frustrating for someone who wants to make urgent use of his funds and as such we will provide you with a guide on how to get money out of a frozen Venmo account before that let’s list some of the reasons why would a Venmo account be frozen.
Why Would Venmo Account Be Frozen
Below are some of the few reasons why your Venmo account might be frozen.
Your Venmo account was reported. If your Venmo account is been reported for a scam, your account will be temporarily limited until the Venmo investigation is done. If your account is found involved in any scamming activities, it will be permanently frozen.
Too many unsuccessful transactions. If you have too many unsuccessful transactions with your Venmo account, your account could be temporarily limited. Too many unsuccessful transactions are a red flag that might affect your account.
Making Transactions with low or insufficient funds. If your send funds more than the amount in your Venmo account, your account will also be temporarily limited. You can lift this ban by making an equivalent deposit to your Venmo account.
Too many unsuccessful login attempts. If you are trying to access your account and your login information is not matching, your account will be temporarily frozen. If you have forgotten your password kindly request a forgotten password to reset your account.
How To Get Money Out Of Frozen Venmo Account
If your Venmo account is frozen, it is not possible to make any transactions with your account. So it will be impossible for you to move your funds out of a frozen account and the only way is to unfreeze your account.
When your account has been unfrozen, you can then remove your funds from your Venmo account. However, below is the guide on how to unfreeze your account.
How To Unfreeze Venmo Account
If your account was frozen due to debt resulting from insufficient funds, you can deposit back the amount you are owing and your account will be unfrozen instantly.
But if your account was frozen due to some policy violation or suspicious activities, contact Venmo Customer service and provide them with all the information that is needed and state why your account was frozen.
Your account limitation will be lifted and you can withdraw your funds from Venmo if customer service found your reasons to be genuine.
How Long Does It Take For Venmo To Unfreeze Your Account?
If your account was frozen due to unsuccessful payment, it will take Venmo 2-3 business days to unfreeze your account. This is done automatically.
However, if your account was frozen for other reasons, you need to contact Venmo customer service through email for our account to be unfrozen.
When contacting Venmo customer service, make your problem to be clear and support your claims with evidence for fast and swift response.
Freezing of Venmo account helps to prevent your account from any unauthorized transactions. This means that you can’t move funds out of your account when you are temporarily limited.