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SWIFT clarified its position on the possible disconnection of Russia from the system


The position of the international system of bank payments SWIFT regarding the possible shutdown of Russia remains unchanged. This is stated in a statement by the Russian representative office of the Russian National Association SWIFT (Rosswift).

The parent organization’s website notes that SWIFT fully complies with sanctions laws, but is only “a messaging service provider and has no involvement or control over underlying financial transactions.”

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