Are you wondering whether or not you can send funds to yourself on Venmo?

Although Venmo is primarily used to send or receive money from other people, there may be situations where you want to send money to yourself as well.

So, is this actually possible and if so, how is it done?

In this article, I’ll cover everything that you need to know!

Can You Venmo Yourself?

Venmo App On Phone

Currently, the answer is no. Venmo does not allow you to send or receive funds from the account that you’re already using.

Therefore, you must be sending the money to a different Venmo account in order for the funds to go through. If you type in your own Venmo username, it will not allow the transaction to continue.

For most people, it makes little sense to send money directly from your current Venmo account, to that same account.

Not only does the sending of any money at all incur transaction fees and other expenses by Venmo, but receiving money may cause further tax implications for you as well. Therefore, there’s little reason to do it.

Still, if it’s something you really want to try, there are a few workarounds that are still possible, which we’ll discuss in a moment.

Can You Have Two Venmo Accounts?

Since Venmo has no problem letting you send money to other accounts, it poses an interesting question – can you just make a separate Venmo account, and send money to yourself that way?

It turns out, you can! However, there are a few restrictions in place.

First of all, Venmo does not allow you to create two personal accounts, where you are the sole account holder. At this time, each user is limited to one personal account.

However, this does not mean that all hope is lost.

If you have a joint bank account with another person, or you have a separate business bank account, you will be able to create a second Venmo account for one of these.

After all, businesses are treated as separate entities, and most have separate tax IDs.

So, using a joint bank account, or a business account is a great workaround. Once the second Venmo account is set up, you can freely send or receive money between them.

There is one additional requirement – you cannot use the same bank account for both accounts.

So, if you started your Venmo with a joint account for example, you will need a separate bank account to create your own personal Venmo account.

If using a joint or business account isn’t a possibility for you, there is one other option. Keep reading to learn more!

Workaround – Use A Separate Service To Hold Funds Temporarily

Because Venmo has such strict requirements about second accounts, and you cannot send money to yourself directly on the same account, that only leaves you with one other option – using a third-party middleman.

An example of this would include a service like PayPal, the bank account tied to your Venmo, or even another Venmo user that you trust.

Essentially, you would just send the money over to the third-party account.

Once it arrives, you can have it transferred back over to yourself.

So, if you need money out of your Venmo account temporarily, this is a workable option. That being said, some services like PayPal may take additional fees, so you’ll want to be aware of this in advance to avoid losing a portion of your funds.


Unfortunately, there is no way to Venmo yourself directly, unless you have a separate business account. It’s something that Venmo simply won’t let you do, as it would usually be considered quite pointless.

However, by opening up a business account or first sending the money to a third-party platform, you will have the ability to send it back to yourself. While this probably isn’t a good idea (and may result in unwanted tax implications), it is an option should you wish to do so.

I hope that you’ve found this article to be helpful. If you have any other questions about Venmo, please ask them using the comment form below.

Wishing you the best,

– James McAllister


About the author 

James McAllister

James is the owner of He started his first blog at the age of 11, and has since gone on to start several successful businesses. In total, these businesses have sold hundreds of thousands of units and have touched millions of lives. Here on, he shares his knowledge that brought him to where he is today. If you want to connect with James, follow him on your favorite social networks!

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