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Cash Out lets users turn crypto into cash delivered directly to their own bank account. The fiat side of cash out is provided by Bridge, a Stripe company, through Silo’s interface. Bridge and its licensed partners perform the currency conversion and bank delivery; Silo does not hold, convert, or transmit fiat funds at any point. Cash out is available in eligible countries over local banking rails.

How It Works

Setup is one-time: verify through Bridge, accept Bridge’s terms of service, and link a bank account. Users who cash out are onboarded as customers of Bridge for the fiat services. Verification is required for all tiers, including Personal, because bank delivery requires full identity verification regardless of Silo tier. Individuals verify their identity; Business accounts complete business verification. After setup, cashing out takes a few steps: choose an asset and chain, enter an amount, select a delivery method, review the full fee breakdown, and confirm with a wallet signature. Bridge converts the crypto and delivers the proceeds to the linked bank account.

Delivery Methods

Available rails depend on the bank account’s country: ACH and wire in the United States, SEPA in the European Union, Faster Payments in the United Kingdom, SPEI in Mexico, PIX in Brazil, and Bre-B in Colombia. Delivery speeds range from near-instant to a few business days depending on the rail. The asset and chain combinations available for cash out are shown in the app and reflect current off-ramp support.

First-Party Only

Cash out is restricted to the user’s own bank account. The name on the bank account must match the verified identity or registered business. This is a deliberate compliance control: cash out cannot be used to deliver funds into a third party’s bank account.

Fees

Each cash out carries a total exchange fee of 0.25%. Non-USD delivery carries an additional FX fee, and certain assets carry an additional conversion cost. The full breakdown and the exact amount arriving in the bank are shown on the review screen before anything is confirmed. Note: cash out fees are subject to change.

Tracking

Every cash out appears in payment history and progresses from Processing to Deposited. If a transfer fails on the banking side, the crypto is returned to the user’s wallet and the history entry shows what happened, with support contact available.