How to split expenses without a bank transfer

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. The group’s net balances move in a single transaction, in USDC on Base. You do not initiate transfers one by one, and you do not wait on a bank to process anything. It clears in seconds, for everyone at once.

Do you need a bank account at all?

Not for the settlement itself. The funds move between each person’s own wallet, which is created for you when you sign in with Google or Apple, or connected if you already use one. 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.
• The group settles in USDC, in one transaction, 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.

The cleanest transfer is the one you never have to send.