If you want to transfer funds from the Google Pay app to your bank account, you should do it by June 4. After that date, you will have to visit the Google Pay website to transfer money out of it.
That’s because currently, you can withdraw up to $5,000 from the app every day if your account is verified. The app has a rolling $20,000 7-day limit, meaning you cannot withdraw more than $20,000 within a 7-day period. If your identity is not verified, the total limit is $700 for seven days.
Google is informing customers that new daily and weekly caps will apply once the app is sunsetted, per Droid Life. Starting June 4, you will not be able to withdraw more than $200 in any given week. Whether you access the limit in a single transaction or withdraw it over a 7-day period is up to you.
Starting June 4, 2024, withdrawals you make may not exceed two hundred dollars ($200) in the aggregate over seven (7) consecutive days or in any single withdrawal transaction. Until June 4, you can withdraw your balance in the Google Pay app within the given Google Pay limits.
If your account balance is in the thousands, it will take forever to take all your money out, which is why it’s recommended that you start pulling out funds before June 4.
