Russia may be banned from SWIFT system

Russia may be banned from SWIFT system

One of the options to penalize Russia after the shelling in Mariupol and sudden escalation in Donbas is disconnection of Russia from the SWIFT system, a source in the U.S. State Department says. The source reminded about similar measures taken against Iran. The U.S. may affect interaction of its banks with Russia within SWIFT.

The U.S. cannot affect other interaction of European and Russian banks. The source at the State Department added that the U.S. will continue diplomatic efforts and had good potential in other sectors.

One of the options to penalize Russia after the shelling in Mariupol and sudden escalation in Donbas is disconnection of Russia from the SWIFT system, a source in the U.S. State Department says. The source reminded about similar measures taken against Iran. The U.S. may affect interaction of its banks with Russia within SWIFT.The U.S. cannot affect other interaction of European and Russian banks. The source at the State Department added that the U.S. will continue diplomatic efforts and had good potential in other secto
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