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

By Pelumi Emmanuel

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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