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Disconnection of banks from SWIFT: what threat does it pose to Russia?

... countries will try to keep those Russian structures that supply energy resources to the world market in the SWIFT system. In all other cases, foreign exchange transactions may be somewhat difficult, but are unlikely to cause any catastrophic consequences. SWIFT, banks, sanctions, USA, EU, Central Bank

US AND UK SANCTIONS: WHAT THREATS RUSSIAN ECONOMY?

... reaction, according to the US Treasury Department. However, the United Kingdom announced sanctions even earlier. The largest Russian banks (including VTB) and the Aeroflot... ... countries called on the US and the UK to disconnect the Russian Federation from the SWIFT system, through which global banking operations are carried out, but unity on... ... of the number of transactions made through SWIFT. In total, SWIFT is used by 11 thousand credit organizations in 200 countries of the world.

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