Russia sees no risks of disconnecting from SWIFT

The Bank of Russia does not see the risks of disconnecting the country from inter-bank payment system SWIFT, it will be possible to transfer internal Russian traffic to the Financial Messaging System of the Bank of Russia (SPFS). The bank’s first deputy governor, Olga Skorobogatova, said we do not see any risks at the moment. … Continue reading Russia sees no risks of disconnecting from SWIFT