# How to transfer team ownership

{% hint style="info" %}
Only the **team owner** can transfer ownership to an existing team member.
{% endhint %}

First, go to the [team](https://rephonic.com/account/team) page and then click the settings icon next to the team member to transfer ownership to.

<figure><img src="/files/dXW5uZI5veJmpQdh4dNd" alt=""><figcaption></figcaption></figure>

Then, click the **Transfer Ownership** button. Once the transfer is done, you will lose owner privileges but retain administrator and billing manager rights.

<figure><img src="/files/GLoJITYD1YAKXeU9Dm7k" alt="" width="563"><figcaption></figcaption></figure>


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