Dollar General

Tempo stimato di lettura: 4 minuti



Ban on Russian banks "selected" by SWIFT: consequences

Some Russian banks have been banned from accessing SWIFT, the global messaging system connecting thousands of financial institutions worldwide, in the previous week. The decision to exclude Russia from SWIFT will almost certainly show a new era for global monetary flows. This ban is likely to lead to an era in which the concept of a single secure, universal messaging system is no longer sustainable.

Ban on Russian banks "selected" by SWIFT: consequences