> ## Documentation Index
> Fetch the complete documentation index at: https://new-docs.squads.so/llms.txt
> Use this file to discover all available pages before exploring further.

# Off-ramps

> Convert crypto to fiat and withdraw to your bank account

Off-ramp USDC from your Squad directly to a bank account. Choose between Coinflow for instant US payouts or Sphere for low-cost global conversions.

## Provider comparison

| | **Coinflow** | **Sphere** |
| - | - | - |
| **Regions** | US only | 160+ markets (USD/EUR accounts) |
| **Transfer methods** | ACH, wire, RTP, push-to-card, Venmo, Apple Pay | ACH, wire, SWIFT, SEPA |
| **Conversion fee** | Varies by agreement | 0.1% |
| **Verification** | KYC or KYB | KYC or KYB |
| **Best for** | Instant US payouts | Lowest fees, global coverage |

## Coinflow

Coinflow provides fast verification and instant payout options for US bank accounts. A Coinflow off-ramp creates a proposal in your Squad like any other transfer, and its network fees are paid by the member or the [Fee Relayer](/app-guide/members/fee-relayer).

<Info>
  Coinflow off-ramping through Squads is currently limited to US bank accounts only.
</Info>

### Off-ramp with Coinflow

<Steps>
  <Step title="Start the off-ramp">
    Navigate to **Treasury**, select **Send**, then choose **Off-ramp**. A warning asks you to check your KYC/KYB details and the destination bank account details before initiating and approving off-ramp transactions. Select **Understood** to continue. If prompted, sign in with your wallet.
  </Step>

  <Step title="Select the sub-account">
    In the **Off-Ramp** window, under **Account**, select the sub-account to send from. The Coinflow widget loads below it, and the remaining steps take place inside the widget.
  </Step>

  <Step title="Verify your identity">
    Enter your email and country of residence. Select **Individual** or **Business** and complete verification. 
  </Step>

  <Step title="Add a bank account">
    Add a bank account with the required details (account owner, type, bank name, routing number, account number).
  </Step>

  <Step title="Choose payout method and amount">
    Enter the amount and select your payout method. Review the details and select **Initiate**.
  </Step>
</Steps>

### Payout options

| Method | Settlement |
| - | - |
| **RTP (real-time payments)** | Instant (available at \~80% of US banks) |
| **Push-to-card** | Instant |
| **Venmo / Apple Pay** | Instant |
| **Same-day ACH** | Within 24 hours |
| **Wire transfer** | Within 24 hours |
| **Standard ACH** | 2-3 business days |

<Tip>
  RTP and push-to-card provide instant access to funds. Use standard ACH for the lowest fees when timing is not critical.
</Tip>

## Sphere

Sphere offers the lowest conversion fees at 0.1% and supports individuals and businesses across 160+ markets.

### Set up Sphere for off-ramping

Before using Sphere, create an account and connect your bank account at [spherepay.co](https://spherepay.co/).

<Steps>
  <Step title="Generate a linked wallet address">
    In Sphere, go to **Payouts**, select the **Bank accounts** tab, and find the bank account you want to off-ramp to. Select the menu icon in the **Actions** column and choose **Generate wallet address** for the Solana network.
  </Step>

  <Step title="Copy the wallet address">
    In the **Linked wallets** column, select **View wallets** and copy the Solana address linked to your bank account.
  </Step>

  <Step title="Save to your Squad's contacts">
    Add the Sphere-linked address to your Squad's [Contacts](/app-guide/treasury/contacts) for quick access.
  </Step>
</Steps>

### Off-ramp with Sphere

Send USDC from your Squad to the Sphere-linked address. Funds convert automatically and arrive in your bank account. No additional steps are needed inside the Squads app — it works like a normal [token transfer](/app-guide/treasury/transfers/send-tokens).

<Tip>
  Streamline routine off-ramps with a [spending limit](/app-guide/settings/spending-limits). For example, allow your CTO to transfer up to 1,000 USDC per week to the off-ramp address without full multisig approval.
</Tip>

### Transfer methods

| Method | Currency | Best for |
| - | - | - |
| **ACH** | USD | Standard US bank transfers |
| **Wire** | USD | Larger or faster US transactions |
| **SWIFT** | USD | International USD bank accounts, for customers outside the US |
| **SEPA** | EUR | European bank transfers |

<Info>
  Sphere supports USD and EUR bank accounts only, regardless of where the account holder is located. Multi-currency accounts (Wise, Revolut) work as long as you receive to a USD or EUR balance.
</Info>

### Fees

Off-ramping with Sphere has three cost components:

1. **Solana network fee** for sending USDC to the Sphere-linked address
2. **0.1% conversion fee** (USDC to USD or USDC to EUR)
3. **Bank fees** for receiving wire, ACH, or SEPA (varies by bank)

### Supported regions

Sphere operates in 160+ markets and supports any USD or EUR bank account in a non-high-risk country per OFAC/FATF guidelines.

<Warning>
  New York residents have restricted access. In Finland, Hungary, Latvia, Lithuania, Netherlands, and Slovenia, only business accounts are supported. China, Russia, Iran, Syria, North Korea, and other OFAC/FATF high-risk countries are not available. See Sphere's help center for the complete list.
</Warning>

## Best practices

* **Match provider to your needs.** Coinflow for instant US payouts. Sphere for the lowest fees and non-US off-ramping.
* **Save off-ramp addresses in Contacts.** Avoid copy-paste errors by saving verified addresses.
* **Consider spending limits for routine off-ramps.** If you regularly off-ramp to the same destination, a spending limit reduces approval overhead.

<Accordion title="Troubleshooting">
  | Issue | Solution |
  | - | - |
  | Verification pending | Wait for provider confirmation. Contact provider support if delayed beyond expected times |
  | Transfer not arriving in bank account | Verify account number and routing number. Contact the provider's support |
  | Cannot use Coinflow outside the US | Use Sphere for non-US off-ramping |
  | Sphere not available in your country | Check if you have access to a USD or EUR bank account. See Sphere's help center for the country list |
</Accordion>

<Accordion title="FAQ">
  **Can I off-ramp tokens other than USDC?**

  Coinflow accepts USDC only. Sphere accepts USDC and EURC. Swap other tokens to USDC using [Swaps](/app-guide/trade/swaps) before off-ramping.

  **Do off-ramp transfers require multisig approval?**

  Yes. Sending USDC to an off-ramp address creates a proposal like any other transfer, unless covered by a spending limit.

  **Which provider should I use?**

  Use Coinflow if you need instant payouts to a US bank account. Use Sphere if you want the lowest fees (0.1%) or need to off-ramp to a non-US bank account.
</Accordion>


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