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reerathered1 t1_ivb6vu9 wrote

You have to transfer the funds to your bank. Venmo does not tell you this. There are no instant funds.

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enraged_hbo_max_user t1_ivb7u6u wrote

I figured as much. So if OP transfers to his bank then shuts down his Venmo, his bank is going to get a call from Venmo in a few days saying OP owes Venmo $250, correct?

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phenry17 OP t1_ivbc60t wrote

Unsure to both above. Someone else commented a similar story of 3 payments being made to them and it is still sitting in their Venmo. I don’t want this to be transferred to my bank. I am raising an incident report with Venmo about this scam.

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