Link a mutual bank account to Venmo and Cash App.
Linking your Venmo and Cash App to a single bank will be more efficient since both will be able to access the balance of your account. That means that you will be able to transfer money from Venmo to Cash App, and vice versa.
Transfer the Balance of your Venmo to your Bank Account
1. Add the bank account that you want to link with your Cash App mutually.
2. Verify that bank account through the methods provided.
3. Transfer the balance to your bank account. To do that, follow the steps below:
On the Venmo app’s Home Page, you will find at the top part a button consisting of three horizontal lines; you must click it.
And then press the “Transfer Money” button or the “Transfer to Bank” one.
Enter how much balance you desire to transfer. And then choose whether you want it “Instant,” which applies a small fee, or the ‘1-3 Business Days” that does not charge you anything.
Choose whether the transaction will be that through your bank account or debit card. Make sure to review and then confirm.
Once you’ve done a thorough review and sure about the transaction, tap the “Transfer” button to implement the actions.
After that process, you then need to switch to your Cash App.
Add the Transferred Balance to your Cash App
If the process successfully transferred the money to your bank account, you will need to switch over to your Cash App and add the desired balance. To do that, follow the instruction written below:
On the home interface of the Cash App, tap the Balance Tab. And then select Add Cash.
Enter the desired amount that you want to add to your balance, and then tap the “Add” button.
To verify and confirm your actions, use the Touch ID feature or your Pin.
Ensure you linked your Cash App and Venmo to a mutual bank, or the transfer of balance will not work.
Regards,
Akshay
Technical Consultant
Apps4Rent |
CloudDesktopOnline |
O365CloudExperts
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