If you continue to receive the “Venmo lost connection with bank” error, check your internet connection as it may be unstable. At the same time, the problem may arise if Venmo detects suspicious activity. Contact the app’s customer support to try to resolve the issue.

The error message appeared recently for me. My banking credentials turned out to be incorrect. I’ve gone over how I fixed it, as well as a couple of other things to keep in mind.

Why does the error “Venmo Lost Connection With Bank Plaid” appear?

The “contents venmo lost connection” error can occur for several reasons, including:

Reason 1: Problems with the Linked Bank Account

Your bank’s servers may be down. Check with friends and family who use the same bank to see if they are also having problems. If this is the case, you are most likely experiencing an outage. All you can do is wait for them to reopen.

Reason 2: Venmo Server Issues

Venmo’s servers may also be unavailable. All you can do now is wait until they come back online. You can try contacting customer service and asking when the problem will be resolved.

Reason 3: Security Issues (Account Security Breach)

If Venmo suspects your account activity, they may suspend all future payments. This could have been caused by changing your online banking username or any other important bank credentials.

Contact customer service to see if you can be unblocked. Hopefully, you’re all set now. However, you may be subjected to a security check.

Reason 4: Outdated Venmo app version (Old Venmo App)

The problem may arise if your Venmo app is outdated and buggy. Just keep in mind that updating it will require a stable internet connection.

Open the Apple or Google Play store, search for the Venmo app, and then click the Update button next to it, whether you have an iPhone or an Android phone.

At the same time, the operating system on your device may be out of date. It could be fixed by updating it.

For Android users:

• Launch the Settings app.
• Navigate to About Phone.
• Select the Check for Updates option.

For iPhones

• tap on any new firmware file.
• Navigate to the Settings menu.
• Select General, then Software Updates.
• Click on the firmware file.
• Wait for it to download and then restart your iPhone.

Reason 5: You Have a New Bank Account

You can add money to your Venmo account from two different banks at the same time. The “lost connection with bank” error will appear if you change a bank account payment method. This comes as no surprise, as it is a safety precaution.

Reason 6: Connection Problems

Finally, the problem could be caused by a poor internet connection. You could be too far away from your router. Move closer to it and see if that helps.

You can also disconnect and reconnect to a different wireless network. Your ISP may be experiencing problems. You can use a mobile hotspot if you don’t have more than one router in your home.

All you have to do is:

• Take out your phone.
• To access the control center or notification panel, swipe down.
• On, press the mobile data and hotspot buttons.
• Join this wireless network with your laptop or phone.
• You should have no trouble sending and receiving money at this point.

FAQ

Some frequently asked questions are answered below.

How Can I Link Venmo to My Bank Account?

You can add up to two different bank accounts to your Venmo account if you want to receive or send money using a new bank account.

Venmo users can do the following:

• Install the Venmo app.
• Navigate to the Me tab (you must first click on your profile picture or initials).
• In the top right corner of the screen, click the Settings gear.
• Select the Payment Methods option, then the Add Bank Account button.
• Choose the Bank option.
• Choose your preferred verification method from the list that appears.
• To complete the instant verification process, enter the verification code that appears. Several users have reported errors when attempting to sync their online banking with their Venmo account.

Make sure you include the correct login information to avoid this. If you continue to enter incorrect information, you will not only cause this error, but you will also be locked out of your account.

Also, for security reasons, do not enter the check number that follows your account number if you are manually adding your bank account.

Does Venmo deposit money into your bank account?

You can transfer funds to the account and other bank accounts in seconds after adding your banking information to the Venmo app. This near-instant transfer was always available for Visa and Mastercard debit cards, but it was only recently added for bank accounts.

Is it possible to use PayPal with an active Venmo account?

This is a frequently asked question by users. Yes, Venmo and PayPal are owned by the same company, but the app does not allow you to send or transfer money using PayPal. Because the two businesses have different business models, this will not work.

Last Words

Don’t be concerned if you continue to receive the error message “Venmo lost connection with Bank.” You could simply have a bad internet connection. Disconnecting and reconnecting to your internet connection may resolve the “Venmo lost connection” issue.

You could also be experiencing a server outage. Inquire with your bank’s customer service about it.

At the same time, your bank information, such as your banking MFA settings (multi factor authentication), or your online banking passwords or username (you added new credentials), may have changed. This could cause Venmo to believe that your account has been hacked, resulting in the lost connection with bank error. You’ll need to contact Venmo’s customer service for assistance.

Of course, the issue could also be the result of a bug or glitch. Updating your operating system may be the best option.

Hopefully, you found this article useful and are now able to receive and send money.