How to split expenses without a bank transfer
No IBANs, no one-by-one transfers. The group settles in USDC on Base, in one transaction, between your own wallets. Spliz holds nothing.
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You can split and settle group expenses without a single bank transfer. Instead of copying an IBAN and waiting on a transfer, the group settles in USDC, a dollar-stable currency, directly between wallets. Everyone approves once, the balances clear together, and nobody touches their banking app. Here is how that works, and why it is faster.
Why are bank transfers the slow part?
A bank transfer is one-to-one and manual. After a group trip, someone has to send several transfers or collect several, each with an IBAN to copy, a delay to clear, and a person to remind. It is the step that turns a clean spreadsheet into a week of follow-ups. The money is fine; the rails are the friction.
What replaces the transfer?
On-chain settlement. Once everyone has signed, the group settles in one on-chain transaction, in USDC on Base, that clears in seconds for everyone at once. You do not initiate transfers one by one, and you do not wait on a bank to process anything.
Do you need a bank account at all?
Not for the settlement itself. The funds move between each person鈥檚 own wallet. Yours is created when you sign in with Google, with Apple on iPhone, or with a code sent by email or SMS; you can also connect one you already use. Spliz is non-custodial: it never holds the money, it just lets the group settle directly.
What does it cost compared to a transfer?
You never pay network gas, Spliz covers it. The only cost is a 0.1% fee at settlement, with a $0.10 minimum, shown before you sign. No bank fees, no FX markup on the settlement itself, no subscription.
The short version
- No IBANs, no one-by-one transfers, no waiting on a bank.
- Once everyone has signed, the group settles in USDC, in one on-chain transaction that clears in seconds.
- Funds move between your own wallets; Spliz never holds them.
See it end to end in how to split a group trip and settle in USDC. It works the same at two: shared expenses as a couple, and for every other group in the use cases.
The cleanest transfer is the one you never have to send.
Less to work out. More to enjoy.
