Russia may be cut off from SWIFT as part of West’s “spiral of sanctions,” warns foreign ministry

Russian banks may be blocked from using SWIFT, a payment system that enables reliable and secure financial transactions, as part of restrictions against Moscow, in what one official has called a potential “spiral of sanctions.” “It’s no secret that there are threats, primarily from the United States, to disconnect Russia from the SWIFT system,” said Dmitry …

Russia may be cut off from SWIFT as part of West’s “spiral of sanctions,” warns foreign ministry Read More