Salerio and Graziano are part of the masquers partying through the street of Venice. They stop and wait for Lorenzo, who has asked them to meet him at a certain spot. Lorenzo arrives and thanks them for their patience. He then calls out to Jessica, who appears in the window of Shylock's house dressed as a man. She throws out a casket to Lorenzo filled with much of her father's gold and jewels. Jessica then goes back inside and steals even more ducats (golden coins) before joining the men on the street.

Everyone departs except for Bassanio, who unexpectedly meets Antonio. Antonio tells him to get to the ship heading for Belmont, because the wind has started blowing the right way and the ship is ready to depart.