Nope, sorry. The title is misinformation. Precision is important here. The portion shown in the screenshot is about Swan's partners, not Swan itself. In fact, Swan goes on to say:
"Please be advised that depositing directly from, or withdrawing directly to, a mixing wallet may result in the termination of your account with our banking and custodial partners."
In other words, we're not going to try and stop you – but you do so at your own risk, because our partners may cancel you.
You can of course argue that practically speaking, there's no difference. I don't have strong opinions on that. But let the reader decide for themselves.
They also specifically used the word ‘directly’. I.e. 1 hop.
If that is not enough of a clue as to how far they are going to apply this rule, I don’t know what is.
They will continue to do the bare minimum and nothing more, I would imagine.
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