Incoming Venmo Transfer Fee: $0
Venmo Sending Transfer Fee: Determined by Venmo
Launch the Venmo App.
Tap on the menu icon (represented by three lines) at the top left of the screen.
Tap on “Settings” then tap on “Payment Methods”.
Tap on “Add bank or card…”and select "Bank".
Select “Manual Verification”. Instant verification is currently not available for East West Bank accounts.
Enter required information then tap on “Save and continue”.
After your account has been linked, return to the menu icon at the top left of the screen.
Tap on “Transfer Balance” which is located next to your Venmo balance.
Enter desired amount then select "1-3 biz days".
Select bank to transfer to. Your account will be listed as “East West Bank” followed by the last 4 digits of your account number.
Tap on “Transfer $X.XX” to complete transfer.