Usage-based billing metrics

In addition to fixed fees, some Swan features have usage-based fees. You're charged based on actual usage during each billing period.

The following table lists each billable metric and the event that triggers billing.

Billable metrics

Category	Metric	Billing trigger
Accounts	Account subscriptions	Accounts whose account holder is Verified that are Opened and not in Closing or Closed status on the first of each month. Billing begins when the payment level reaches Unlimited. The first and closing months are billed in full.
	Account member subscriptions	All additional Enabled members for an account (excluding the legal representative).
	Account opening fee	Account holders who started verification during the billing period (Pending account holder verification status).
	Additional account fee	A monthly fee is charged for opening the initial account; this covers the opening of any additional accounts associated with it.
Capital deposit	Share deposit certificates	Number of capital deposit cases completed during the billing period.
Cards	Apple Pay card subscriptions	Number of cards successfully added as Apple Pay digital cards during the billing period.
	Apple Pay transaction fee	An additional fee for transactions made using Apple Pay.
	Card subscriptions	Virtual cards Enabled at least one day during the billing period.
	Card transactions	Number of card-out booked transactions (including Apple Pay).
	Card products	Number of card products Enabled for a project. Monthly fees still apply to Suspended card products that have at least one Enabled card.
	Foreign exchange (FX) fees	Transactions for goods and services (in-store or online) bought in non-euro currencies.
	Physical cards printing and shipping	Number of cards shipped during the billing period.
	Single-use virtual (SUV) cards	Number of SUV cards created during the billing period.
SEPA	SEPA transactions	Number of transactions booked during the billing period (Instant SCT, SCT, SDD Core, SDD B2B).
	SEPA volume	Total amount of transactions booked during the billing period (Instant SCT, SCT, SDD Core, SDD B2B).
Text messages	Text messages	Number of Strong Customer Authentication (SCA) related text messages sent during the billing period.