🏦 Our Banking Partner
Swan SAS is the banking partner behind Accountable Banking. When you open an IBAN account through Accountable, that account is provided by Swan, a company based in France (company number 853827103), not by Accountable itself.
📋 What exactly is Swan?
Swan is an electronic money institution authorised to provide payment services by the French prudential supervisory authority, the Autorité de Contrôle Prudentiel et de Résolution (ACPR). 🇫🇷
This means Swan is not a traditional bank in the classic sense, but operates under a European e-money licence. This distinction has a few practical consequences for your account. For example, Accountable cannot offer a German "Pfändungsschutzkonto" (P-account), since this type of account is legally reserved for traditional banks only.
🔒 Is my money safe?
Yes. Even though Swan is not a traditional credit institution, it is subject to strict regulatory requirements set by the ACPR. Your balance is kept separate from Swan's own company funds and safeguarded in accounts held at other banks, so your money is protected.
🔗 How do Accountable and Swan work together?
You continue using Accountable for your banking, bookkeeping, and support, everything you already know stays the same.
Behind the scenes, Swan provides the actual banking services: your IBAN, your card payments, and your transfers.
These payment services are integrated directly into your account and are governed by Swan's terms and conditions, which you can review anytime on Swan's terms of use.
Need help? Chat with us or email support@accountable.eu, we're happy to help.