Proper Ways To Add Money To Venmo Without Bank Account

how to add money to Venmo without a bank account

Venmo is a money transfer company in the United States. It is a product of PayPal, one of the largest money transfer companies in the world. Unlike PayPal, the platform only allows you to transact within the United States since it does not support international transfers. Despite not allowing international transfers, Venmo has been doing well since its launch as it has millions of users within America. Later, you will learn how to add money to Venmo without bank account.

For your understanding, you cannot do any transaction with Venmo or any other mobile wallet without adding money to your account. The account is almost useless if you do not have money in it. However, adding money to your account is simple as there are many ways you can use to top up your account. Adding money to a bank account is one of the significant ways you can use it to add money to your account. However, you can still avail money to your Venmo account without using your bank account.

Venmo came into existence to help students split bills at restaurants, movie theaters, and other places where students usually spend time together. However, the platform grew to accommodate anyone with the proper documentation over the years. Today, the platform allows businesses to open accounts to accept payments from buyers. It even has a debit card that you can use to access your balance at ATMs and in stores when buying goods and services.

Process That Venmo Work

Once you complete the process above, your account will be ready for use. Remember that you can open your account using your desktop or laptop by visiting the Venmo website. Remember that Venmo is only available in the US and only works with U.S.-based bank accounts. The phone numbers must be US-based, and you must be able to send and receive text messages from shortcodes.

The operation of Venmo is straightforward. With enough balance in your account, you can instantly send money to other Venmo users. You can also buy goods and services online and at physical stores. The service also allows you to get a debit card that you can use to purchase goods online or at physical stores. The debit card also allows you to withdraw cash from ATMs.

Furthermore, you can transfer money from Venmo to a bank account when the need arises. Sometimes you may need cash in your account to carry out various transactions, and the only way you can execute them is using funds from your bank account. For example, if you subscribed for a service to periodically pay with your bank account, you will have to avail funds in the bank account.

how to add money to Venmo without a bank account

Ways To Add Money To Venmo Without Bank Account

I promised to show you how you can add money to your Venmo account without using your bank account. It is time to learn the various ways you can carry out the activity. Let us look at them one by one.

i) Receive money from others

Venmo allows peer-to-peer money transfers whereby you can send money to others instantly. You can request your pals and relatives to send money to your account when you provide them with your mobile phone number or email address registered with your Venmo account. You can request money in the following manner.

  • Sign in to your Venmo account.
  • Tap the three lines in the upper left corner.
  • Hit on “Search People.”
  • Enter the name or @username of the person to request money from.
  • Hit on “Feed” or “Between You.”
  • Select “Pay or Request.”

The concerned person should see the request and act accordingly if you already know each other. You can even call them by phone or send them a text message requesting them to send you money.

ii) Receive a Direct Deposit

Venmo is among the various online money transfer platforms that allow you to receive direct deposits in your account. Direct Deposit is a feature that allows you to add all or a portion of your paycheck to your account electronically. When you set up your Venmo Direct Deposit, you avoid the lengthy waiting for and cashing paper checks. You can enable direct deposit in the following manner.

  • Open your Venmo app to log in.
  • Navigate to the “You” tab by tapping the single person icon. 
  • Hit the Settings on the top right and tap “Direct Deposit.”
  • Select Show Account Number to get your account plus your routing number. 
  • Copy the numbers and use them to fill out a Direct Deposit Form.

In case you have to provide the name or address of your bank on your Direct Deposit form, you should provide the name and address of Venmo’s partner bank, which is as follows.

The Bancorp Bank
6100 S Old Village Pl
Sioux Falls, SD 57108

iii) Check Deposit

You can deposit your check on Venmo. Times are gone when you had to travel to your bank’s branch to deposit a check. With Venmo, you only need to take photos of your check with your phone, and you are good to go. You can cash out your check using the steps below.

  • Endorse the check by signing the back of the document.
  • Open your Venmo App.
  • Navigate to the “You” tab by tapping the single-person icon. 
  • Tap “Manage Balance.”
  • Hit on “Cash a Check.” 
  • Next, verify your account details if you have not done so.
  • Enter the check amount.
  • Take a picture of the front and back of your check with your mobile device.
  • Tap “Next.” 
  • Select how quickly you want to get your money (fees may apply).

It takes a short period to review a check for approval which can be 10-15 minutes. Sometimes it can go up to 1.5 hours to process your check, especially if there is a need to get more details concerning the check. After approval, you should write “VOID” across the front of your check, then submit another photo of the voided check.

You should not write “VOID” on your check unless prompted to do so after receiving the confirmation of the check approval. After the processing is over, you will see a confirmation page verifying the amount of money available in your Venmo account.

Procedure To Add Money To Venmo Account

Since you may need to add money using your bank account, it is good you know how it happens. When talking about adding money to your account, you can add money to Venmo from a debit card that links to your bank or use the bank itself. The following is the process you can use to add money to your account.

  • Open the Venmo app.
  • Navigate to the “You” tab by tapping the single person icon. 
  • Tap “Manage Balance” on your transactions feed.
  • Enter the amount to transfer.
  • Tap “Next.”
  • Confirm the bank account to transfer money from.
  • Review the transfer details and estimated arrival date
  • Tap “Add {amount of transfer} now”.

Final Thought

Venmo is a money transfer company that operates in the United States of America. The platform is a product of PayPal, one of the largest money transfer platforms in the world. It allows peer-to-peer money transfer, whereby you can transfer money instantly to other Venmo users. There are other ways you can use your account. You can buy goods and services with your account and withdraw money from an ATM point using your Venmo debit card.

Spencer Tierney is a writer and expert on certificates of deposits at His work has been featured by USA Today, MSN, SF Gate, the Los Angeles Times, NerdWallet and more. He earned a bachelor’s degree in English at UC Berkeley.