Western countries consider disconnecting Russian banks from the SWIFT international payment system

By tdpel

Published: February 27, 2022 | 9:13 AM GMT

Western countries consider disconnecting Russian banks from the SWIFT international payment system, the German government said, TASS reports.
New restrictions will affect the Russian banks that have been previously added on the list of sanctions. The list of credit institutions can be expanded when needed.
A senior White House official said during a telephone briefing that the European Union continued working on the list of Russian banks that would be disconnected from the SWIFT international system of interbank payments.

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Pelumi Emmanuel is an accomplished writer and journalist with over 15 years of experience in the industry. He is a passionate and dedicated professional who is committed to producing high-quality content that informs, engages, and entertains readers. Pelumi’s love for reading and writing is evident in his work, which has been read worldwide and has garnered him a loyal following. His journalistic expertise is matched only by his natural talent for storytelling, making his articles both informative and engaging. He lives in California, USA.