> ## Documentation Index > Fetch the complete documentation index at: https://docs.bullring.finance/llms.txt > Use this file to discover all available pages before exploring further. # Initiate Offramp > Convert crypto to fiat via offramp. This does not affect your Bullring balance. Existing non-named offramp behavior is unchanged. USD offramps can include payment_rail under to. Named withdrawals currently support USD offramps only, require a business recipient identified by business_name with beneficiary_date_of_formation, beneficiary_country_of_formation, and beneficiary_national_identification_number, and support only WIRE and SWIFT. RTP, SAME_DAY_ACH, and ACH remain supported only for non-named USD flows where applicable. ## OpenAPI ````yaml /api-reference/openapi.json post /v2/ramp/{subaccountId}/banking/offramp/initiate openapi: 3.0.0 info: title: Bullring Finance API description: >- The Bullring Finance API allows you to build powerful cross-border payment solutions. version: 1.0.0 servers: - url: https://api.bullring.finance description: Production Server - url: https://staging-api.bullring.finance description: Sandbox Server security: - x-api-key: [] tags: - name: Subaccounts description: Operations related to user subaccounts. - name: Verification description: Endpoints for subaccount verification, including KYC and KYB processes. - name: Balances description: Endpoints for retrieving account balances. - name: Deposits description: Endpoints for handling deposits into subaccounts. - name: Recipients description: Manage payment recipients for withdrawals. - name: Withdrawals description: Endpoints for handling withdrawals from subaccounts. - name: Conversions description: Endpoints for currency conversions. - name: Rates description: Endpoints for currency conversion rates. - name: Fees description: Endpoints for checking transaction fees. - name: Offramp description: Endpoints for handling offramp operations. - name: Onramp description: Endpoints for handling onramp operations. paths: /v2/ramp/{subaccountId}/banking/offramp/initiate: post: tags: - Offramp summary: Initiate Offramp description: >- Convert crypto to fiat via offramp. This does not affect your Bullring balance. Existing non-named offramp behavior is unchanged. USD offramps can include payment_rail under to. Named withdrawals currently support USD offramps only, require a business recipient identified by business_name with beneficiary_date_of_formation, beneficiary_country_of_formation, and beneficiary_national_identification_number, and support only WIRE and SWIFT. RTP, SAME_DAY_ACH, and ACH remain supported only for non-named USD flows where applicable. parameters: - name: subaccountId in: path schema: type: string required: true requestBody: content: application/json: schema: type: object properties: from: type: object properties: chain: description: ' **Production:** `lightning`, `ETH`, `SOL`. **Staging:** `lightning`, `SOL-DEVNET`, `ETH-SEPOLIA`.' enum: - lightning - SOL-DEVNET - ETH-SEPOLIA - ETH - MATIC - SOL asset: type: string enum: - STABLE_SATS - USDC - USDT amount: type: number description: This in the from currency i.e USDT, USDC or STABLE_SATS sender_address: type: string to: type: object properties: recipient_id: type: string payment_rail: type: string enum: - RTP - WIRE - SWIFT - SAME_DAY_ACH - ACH description: >- USD-only payment rail for offramps. For named withdrawals, only WIRE and SWIFT are supported. RTP, SAME_DAY_ACH, and ACH are for non-named USD flows where applicable. named_withdrawal: type: boolean description: >- Set to true for a USD named withdrawal offramp. Requires a business recipient with business_name and the three beneficiary fields, and supports only WIRE and SWIFT. client_offramp_reference: type: string description: This must be a valid UUID examples: USD_NON_NAMED: summary: Normal non-named USD offramp value: from: chain: ETH-SEPOLIA asset: USDC amount: 100 sender_address: '0x742d35Cc6634C0532925a3b844Bc454e4438f44e' to: recipient_id: 39e4f180-b558-4346-bf5f-2ec9c6b444f4 currency: USD payment_rail: ACH client_offramp_reference: 5a26b319-fc68-4ee2-83f2-19889571619d USD_NAMED_WIRE: summary: USD named withdrawal offramp by WIRE value: from: chain: ETH-SEPOLIA asset: USDC amount: 1000 sender_address: '0x742d35Cc6634C0532925a3b844Bc454e4438f44e' to: recipient_id: 39e4f180-b558-4346-bf5f-2ec9c6b444f4 currency: USD payment_rail: WIRE named_withdrawal: true client_offramp_reference: 5a26b319-fc68-4ee2-83f2-19889571620d USD_NAMED_SWIFT: summary: USD named withdrawal offramp by SWIFT value: from: chain: ETH-SEPOLIA asset: USDC amount: 1000 sender_address: '0x742d35Cc6634C0532925a3b844Bc454e4438f44e' to: recipient_id: 39e4f180-b558-4346-bf5f-2ec9c6b444f4 currency: USD payment_rail: SWIFT named_withdrawal: true client_offramp_reference: 5a26b319-fc68-4ee2-83f2-19889571621d responses: '201': description: Offramp initiated successfully content: application/json: schema: type: object properties: id: type: string type: type: string status: type: string created_at: type: string format: date-time account_id: type: string client_offramp_reference: type: string from: type: object properties: amount: type: string asset: type: string network: type: string address: type: string to: type: object properties: currency: type: string gross_amount: type: string net_amount: type: string recipient_id: type: string pricing: type: object properties: fx_rate: type: string fees: type: object properties: offramp_fee: type: string offramp_fee_currency: type: string network_fee: type: string network_fee_asset: type: string total_fees: type: string total_fees_currency: type: string example: id: 0a90865e-5f9f-4ac7-9498-ad7e6a99d224 type: offramp status: pending created_at: '2026-01-30T13:17:13.200Z' account_id: bb9bb7f8-53a1-4d2b-9d44-972462772789 client_offramp_reference: 5a26b319-fc68-4ee2-83f2-19889571619d from: amount: '10' asset: USDC network: SOL-DEVNET address: 6n3pQZwdFRFRNDFUAsWp2WdsYxBjP1BG8kp94fccSXif to: currency: BRL gross_amount: '50' net_amount: '45' recipient_id: 39e4f180-b558-4346-bf5f-2ec9c6b444f4 pricing: fx_rate: '5.0' fees: offramp_fee: '1.5' offramp_fee_currency: BRL network_fee: '0.75' network_fee_asset: USDC total_fees: '5.43' total_fees_currency: BRL '404': description: Not Found content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' example: statusCode: 404 timestamp: '2026-01-12T15:10:22.392Z' message: Bank account not found components: schemas: ErrorResponse: type: object properties: statusCode: type: integer message: type: string timestamp: type: string format: date-time path: type: string error: type: string securitySchemes: x-api-key: type: apiKey in: header name: x-api-key ````