Does Venmo work with foreign banks?

If you want to send money to friends or family who are living abroad or in other countries, you need a service that works seamlessly with their bank accounts. While venmo can send money to friends who are based in the United States, it is not available for use in other countries.

Can you use Venmo to make international money transfers?

Currently, there are no options for making money transfers using venmo When you open a Venmo account you can choose how your transactions will be displayed, but there’s no way to set it up to allow users to transfer money to accounts in other countries. Of course, if you are using an Android or iOS mobile app you can use Paypal to send money to friends or family who use Venmo, but this is not available on the website.

Does Venmo work with US dollars?

The biggest problem with foreign bank accounts is that they work in dollars, which is the primary currency used on the platform. To use your Venmo account in dollars, you’ll need to either have a bank account in the US or convert your funds to dollars. Even if you do manage to do that, the fees and inconvenience of converting your money will probably make that an unappealing option.

How to send Venmo tips in foreign currency?

Most users can send money to anyone in the United States. However, if you want to send money in another currency, you’ll need to use an exchange rate. Go to Settings > Payments > Currency and set your exchange rate. For the smallest transactions, you don’t need to worry about this. For larger transactions, you’ll want to make sure you have the funds available in the right currency.

Does Venmo work on iPhone 5s?

The iPhone 5s is the most recent version of the iPhone. It was made available to consumers in late 2013. The iPhone 5 can still be purchased, but it will soon be obsolete. This means that the default setting for your phone will automatically update to the latest operating system. This means that you will be unable to use the previous version of the iPhone to use the Venmo app.