Spending limits

Lookup tables for spending limits: the amounts Swan imposes and the periods account holders can choose.

For how spending limits work, including rolling vs. calendar periods and hour-level aggregation, refer to the spending limits concept.

Limits imposed by Swan

All spending limits imposed by Swan are for a rolling period of 1 month.

Partners (you) can define spending limits for all card types, while account holders can lower spending limits when creating cards.

Transaction type	Impacts	Amount
Card payment	Company cardholder	€10,000 per card
Card payment	Individual cardholder	€5,000 per card
ATM withdrawal	Company account holder	€3,000 total
ATM withdrawal	Individual account holder	€1,500 total

Consider the following examples:

• Company cardholder card transaction:
  • One of your company cardholders has five company cards.
  • They can spend a maximum of €50,000 between the five cards during a 30-day period.
  • Expenses for a single card can't exceed €10,000.
• Individual account holder ATM withdrawal:
  • An individual account holder has two individual cards.
  • They can withdraw a maximum of €1,500 total between the two cards during a 30-day period.
  • They can't withdraw a total of €3,000. The maximum is per account holder.
  • The €1,500 also counts toward their card transaction maximum of €5,000 per card.

Changing spending limits

If your use case requires an increased spending limit, create a ticket from your Swan Dashboard. Swan evaluates your need and increases the limit if approved.

You can set a lower monthly spendingLimit by updating the card, but you can't set any type of additional limit for ATM withdrawals.

Limits imposed by account holders

Account holder spending limits can't exceed Swan spending limits. If a spending limit is set that exceeds Swan's spending limits, transactions are rejected.

Companies and individual account holders can impose spending limits over the following periods.

Rolling periods (default if no mode is specified):

• 24 hours (Daily)
• 7 days (Weekly)
• 1 month (Monthly)

Calendar periods (specify start time and day):

• Daily: Resets every day at a specified hour (0-23).
• Weekly: Resets on a specified day of the week at a specified hour.
• Monthly: Resets on a specified day of the month (1-31) at a specified hour.

Compatibility

Each spending limit must be either rolling or calendar. You can't combine both period types on the same card.