Incoming Venmo Transfer Fee: $0

Venmo Sending Transfer Fee: Determined by Venmo

Step one:

Launch the Venmo App.

Step two:

Tap on the menu icon (represented by three lines) at the top left of the screen.

Step three:

Tap on “Settings” then tap on “Payment Methods”.

Step four:

Tap on “Add bank or card…”and select "Bank".

Step five:

Select “Manual Verification”. Instant verification is currently not available for East West Bank accounts.

Step six:

Enter required information then tap on “Save and continue”.

Step seven:

After your account has been linked, return to the menu icon at the top left of the screen.

Step eight:

Tap on “Transfer Balance” which is located next to your Venmo balance.

Step nine:

Enter desired amount then select "1-3 biz days".

Step ten:

Select bank to transfer to. Your account will be listed as “East West Bank” followed by the last 4 digits of your account number.

Step eleven:

Tap on “Transfer $X.XX” to complete transfer.

  1. When linking your account to receive transfers, you'll see East West Bank as the bank name.
  2. The information provided is for general reference purposes only and may not be current. When using Venmo, you should rely on the instructions provided in their app.