SWIFT

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Will Russia find replacement for SWIFT?

Will Russia find replacement for SWIFT?

Russian banks are looking for a replacement for the SWIFT bank payment system, as cutting them off from the system is possible due to the US sanctions announced by Treasury Secretary Steven Mnuchin. US …

 SWIFT restarts services in Iran

SWIFT restarts services in Iran

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) will restore its services in Iran on January 31, President of the Iranian Central Bank Valiollah Seif said. The Society for Worldwide …

Iranian banks receive access to SWIFT

Iranian banks receive access to SWIFT

The Central Bank of Iran has announced that the sanctions of SWIFT (the Society for Worldwide Interbank Financial Telecommunication) on the country’s 12 banks have been lifted. The Central Bank, as well as Tejarat Bank, Refah …

Iran reconnected to SWIFT

Iran reconnected to SWIFT

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced the lifting of sanctions against Iranian banks, after the IAEA confirmed Iran's implementation of the Joint Comprehensive Plan of Action (JCPOA) on January …

Iran to join SWIFT

Iran to join SWIFT

Belgian Deputy Prime Minister and Minister of Foreign Affairs, Didier Reynders, said during a meeting with Iranian Economy Minister Ali Tayyebnia in Tehran that Iran is seeking to join the Society for Worldwide Interbank …

Russian Federation to develop analogue of SWIFT

Russian Federation to develop analogue of SWIFT

According to the head of the Central Bank of the Russian Federation, Elvira Nabiullina, the Russian banking system is to create an analogue of SWIFT. She noted that it is used now by several dozen …

Iran hopes for its speedy return to SWIFT

Iran hopes for its speedy return to SWIFT

Tehran expects its return to the SWIFT payment system in three months, the Minister of Industry, Mining and Trade of Iran, Mohammad Reza Nematzade, said. "After three months, we expect the sanctions against ...