Reply to post: Re: SWIFT

EU cuts off key Russian banks from SWIFT system

MrBanana

Re: SWIFT

Internally, Russia has its own bank transfer mechanism - SPFS. So Russian citizens will be able to continue with their day to day business. If Putin can get China and India hooked up to that, then SWIFT is less of an issue. Except for Germany etc needing to pay their gas bills.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon