Are you someone having issues in verifying bank account on Venmo?
Are you continuously finding the reasons why Venmo is not verifying bank account?
Fret not, we have got your back, if you are still scratching your head and asking the reasons. Here, we have mentioned the reasons for the issue in Venmo.
And if you are ready to fix the problem on your own, you can skip to the second part of this post and fix ‘Venmo not verifying bank account’ right away.
Why is Venmo not verifying bank account?
Venmo is a popular app that lets users transfer money to another user and even pay for online stores and more. The Paypal owned payment app serves users only in the USA.
And if you are a Venmo user and want to link your bank account with Venmo, you will have to verify your bank account first. And after linking the account, you will be able to pay directly using your bank account without transferring it to a Venmo account.
But, sometimes, users report the ‘Venmo not verifying bank account’ issue. And without verifying, one cannot link the bank account with Venmo. And today, we will be mentioning all the possible reasons why Venmo shows an error while trying to verify your bank account.
You can check out the reasons below, and if you need help fixing the issues, you can check out the guide mentioned in the second part of the guide.
ALSO CHECK: Venmo lost connection with Bank Plaid: Here is What to do now
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#1 Incorrect bank credentials
The first and the most common reason for the ‘Venmo not verifying bank account’ issue is the incorrect bank credentials. Venmo asks its users for bank details like the routing number and the account number for verification.
And, of course, both of the details are required to be correct. And in case a user enters the wrong information, Venmo will simply show the error code and won’t proceed with the verification.
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#2 Shared Bank Verification Unavailable
Some Venmo users who want to verify the joint bank account with Venmo also encounter the ‘Venmo not verifying bank account’ issue. Well, if you are facing the same issue, fret not. You are not alone.
A lot of users complain that they are unable to add their bank account, which has been shared by their partner. Well, according to the official statement by Venmo, the feature might not be available for the users trying to add a joint bank account.
We have discussed a fix to this issue in the next part of the guide. Make sure to check it out.
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#3 User entered Check Number
Venmo offers two types of bank account verification. You can either choose to have your account verified instantly or manually. For the latter method, you will be asked to enter the details of your bank.
You will be asked the bank account number and routing number. But, make sure that you do not enter the check number that appears just after the account number.
This is a very common issue, and you might have done that too. You can try again, and this time without making this mistake.
If you haven’t entered the check number by mistake and the issue still persists, you can proceed with the next method mentioned below.
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#4 Invalid funds for manual verification
Many Venmo users do not realize that the bank account they are trying to verify with Venmo doesn’t have sufficient funds. And yes, before you ask again, yes, your bank account must have funds in order to get the verification done.
This is required the most when a user applies for the manual verification of the bank account. Venmo, to verify the account, send micro transfers to the bank account. And if that fails, you will simply get the error code.
According to Venmo, a user must have at least $2 in the bank account for the verification process to run smoothly.
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#5 Your Bank couldn’t find your account
To verify the account, Venmo contacts the bank and confirms the details provided by the user. But, if in case your bank doesn’t verify your details or couldn’t match the details mentioned by you to Venmo. Then you will surely get the ‘ Venmo not verifying bank account’ issue.
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#6 Account invalid for transaction
There is another common issue that a lot of Venmo users encounter. And this occurs especially when a user tries to add the saving accounts to Venmo.
The users might not realize, but their account is invalid for any electronic/ ACH transactions. In that case, you won’t be able to get your bank account verified with Venmo.
ALSO READ: Venmo Card Not Working at ATM [Fixed]
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#7 Bank account funds on hold
There is one more reason that might be causing an issue in your bank account verification. And it is because of the problem with your bank account only.
The funds in your bank account might be on hold. And that’s why Venmo is unable to complete the verification manually. As mentioned above, Venmo sends and receives microtransactions to check if the bank account is valid and works as intended.
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#8 Venmo unable to revalidate bank account
Some users might get their account bank account freezer because of some problems. And sometimes, even after the bank has lifted freeze-penalty, the account might remain unavailable temporarily.
Venmo understands this and even tries to revalidate the bank account in their system for the users. But, sometimes, in rare cases, Venmo can’t revalidate the account. And that is how the ‘Venmo not verifying bank account’ issue appears.
READ NOW: Is Venmo identity verification safe?
Fix Venmo not verifying bank account
Now that you are aware of all the reasons, we will now be mentioning the ways to fix the issue. Check out the guide below and start with Fix 1, and if the issue persists, proceed with the next method.
Fix 1 – Enter correct credentials
The first and the very basic way to fix the issue would be to try for manual verification. And you must make sure to enter all the asked details correctly. Venmo will ask for the bank account number, routing number, and other personal details.
Enter the numbers correctly and make sure the personal details you enter are officially recognized. Or you will encounter the error again.
Fix 2 – Contact bank, confirm details
If you have tried the first way to fix the ‘Venmo not verifying bank account’ issue and still facing the same issue, it’s time to contact the bank now. You can contact your bank using the support number on the official website.
Contact your bank and get your account number and routing number checked. And only after verifying details must you apply for Venmo verification again.
Fix 3 – Apply for Verification after 24 hours
If you have been trying to get your bank verified again and again, and still facing the issues, you must stop now. You won’t be able to proceed now even if you enter the correct details.
There is a limitation on the attempts to apply for the verification. And if you have already tried many times, you must stop. The limitation is set for security reasons, and you can only apply for verification after a day.
MUST-SEE: (5 Reasons) Venmo Payment not showing up in Bank Account
Fix 4 – Apply with Manual Verification
If you have applied for the verification in Venmo with the Instant Verification, and it is not working for you even after waiting for a day. You must go with the manual verification procedure.
In manual verification, Venmo will ask you for your bank details like account number and routing number. And Venmo support will manually verify your bank account by sending microtransactions to your bank account.
Before you apply for the manual verification, you must know that the manual verification takes an entire day to complete. And if you are in a hurry and want to get your bank account verified right away, you must go with the instant verification feature.
Fix 5 – Keep some funds bank account
As mentioned above, Venmo sends and receives microtransactions to check the validity of the bank account. But, in case your bank account is not funded, and Venmo finds it hard to receive money, the verification procedure won’t proceed.
According to the official statement by Venmo, a user must have at least $2 in the bank account to keep the procedure running as intended.
Fix 6 – Contact Venmo Support
If you have tried everything and still cannot get your bank account verified, you must contact Venmo Support. You can visit the link here. The link will redirect you to the official Venmo support page.
There you will have to share your personal details along with the issue you are facing. Explain the issue elaboratively.
Fix 7 – Use another bank
You can easily fix the ‘Venmo not verifying bank account’ issue using the ways mentioned in the list above. But, in case the issue still persists and you are unable to proceed, there is the last thing that can be done.
Your current bank account might have been flagged, frozen because of some reason. And this is why you can’t get your account verified. The only way out of this situation is by applying for the verification using a different bank account.
What does “Venmo there’s an issue with the bank you tried to add” mean?
Venmo lets the users add their bank accounts and cards to the platform, which can be used to make payments right from the account. But sometimes, while adding the bank accounts to Venmo, users encounter an issue and an error code.
The entire error code is ‘Venmo, there’s an issue with the bank you tried to add; please try a different bank account or card.‘ And here we will be mentioning the reasons for the issues.
Venmo ‘there’s an issue with the bank you tried to add’ means that the bank account or the card that a user is trying to add is invalid. And cannot be added in Venmo as it does not fulfill the eligibility criteria.
And there can be many reasons why a bank account is flagged invalid. The bank account might be on hold for transactions, or it might be out of funds. Sometimes, the wrong details entered by the user cause the problem.
If you cannot add the bank account or the card even after multiple attempts, we suggest you try adding another bank account or credit card. And if nothing works, try contacting the Venmo Support page.
SEE ALSO: Fix: Venmo “There was an issue with your payment”
Final Words
Here we are concluding our article now.
And here we first talked about all the possible reasons for the ‘Venmo not verifying bank account issue.’ And whereas, in the second part, you learned how to fix all the issues.
We have discussed very common ways to get the issue fixed. So, do not worry if you are not good with apps and stuff like that. You can easily implement the ways mentioned. You just need to get started right away.
Further Reading:
How to get free money on Venmo (Official Rewards)
How to get a Venmo Card Under 18 Kid
How to Remove Card from Venmo (2021)
Does Venmo report to IRS or Police?

Ankit Kumar is an Engineer by profession and a blogger by passion. Over the last several years, he has written tons of articles, solving queries on Quora. He also has years of experience in investing in Cryptocurrencies, Funds, and Stocks.