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Hey Cash App users! I know you love to send, receive, and request money to and from your contact through the Square payment app. But, have you ever sent more than $1000. And what about sending $2000, $3000 or more than $4000. Most people have some experience with sending small amounts on Cash App, but many are not familiar with sending $5000 through Cash App.
So, I thought it would be great to answer such commonly asked questions- Can you send $5000 through Cash App or not? To help you understand it, I am going to clear all of your doubts related to the maximum money sending limit in the Cash App.
Just to inform you that Cash App lets the verified users send up to $7500 in a week. Please note that I have used a "verified user" word. It means not everyone can send $7500. In fact, not everyone can send more than $250 in a week on Cash App. Get confused? Okay, let me explain.
So, the thing is that there are two types of Cash App users: verified users and unverified users. Just to inform you that just downloading a Cash app, creating and setting up a Cash App account doesn't make you a verified Cash App user.
In order to be a verified user, you will require entering your SSN (Social Security Number). Sharing your SSN is an inevitable part of the Cash App identification verification process. Once you confirm you identify on Cash App, you will become a verified user.
After being a verified user on Cash App, you will be allowed to send more than $5000 (up to $7500 in one go or in a week). But, on the other hand, users who are not verified, they can send only up to $250 per transaction or in a week.
So, now it is quite simple to conclude that being a verified user on Cash App will be in your best interest. Find more information in the section about the step by step process to verify your identity in the Square Cash App.
The process to confirm your identity is quite simple and straightforward. Follow these steps:
Also Read: How to Activate Cash App card?
Just to inform you that, as a Cash App user, you will not require to do anything to receive $5000 on the Cash app after a successful verification process. But, in case if the person who is sending you money for the first time, you will be required to accept the payment by going to your payment history. After that, you will not be required to press the "accept button". These are the steps to follow:
This is why you need to confirm your identity on Cash App. Upon successful verification, not only you can send more than $5000 through Cash App, but also you will allow buying & selling Bitcoin as well as Stocks. Plus, you can enable direct paycheck deposit service on Cash App. Just follow the steps as mentioned above, everything will set up. If you face any kind of error, let us know.