SWIFT disconnect from within

Central bank Russian Federation (Bank Russia) made the decision to disconnect SWIFT from the translations in Russian Federation, the decision will start working since October. According to participants of the market, after disconnection from system of transfer of financial information of the largest Russian banks of which about 80% of account transfers were the share, its role considerably decreased. Experts consider that such step of Central bank Russian Federation (Bank Russia) will allow to level possible shutdown of new Russian banks from outside SWIFT. But in a row a case tariffs of SWIFT were more favorable, and banks should recustomize now information transfer systems. Photo: Chris Helgren / information agency "Reuters" reported Bank of Russia about...