Funding sources

Fund a Swan account with SEPA Direct Debit B2B. You can also use credit transfers.

Credit transfers

Funding your account with a credit transfer is straightforward with no risk. You can use any type of credit transfer supported by Swan. When funding an account with a credit transfer, a SepaCreditTransferIn transaction with the status Booked appears on your transaction history.

SEPA Direct Debit B2B

You can fund your account with one pull option: SEPA Direct Debit B2B (business-to-business). SEPA Direct Debit B2B can only be used to fund company accounts, and no refunds are authorized for this funding source.

There are several steps to fund an account with SEPA Direct Debit B2B:

1. Add the SEPA Direct Debit B2B funding source.
2. Consent to adding the funding source.
3. Get the payment mandate with the API.
4. Declare the payment mandate to the external account provider.
5. Initiate an account funding payment request.

Add a SEPA Direct Debit B2B funding source discusses steps 1-4 in detail; initiate a funding request covers step 5.

SDD Core

SEPA Direct Debit Core isn't supported for account funding.

Funding source statuses

The full funding source status machine, with the diagram and every status definition, lives on account funding statuses.