The Russian banks were connected to the Chinese analog of SWIFT

About 30 Russian banks were connected to the Chinese system of bank transfers of CIPS (Cross-Border Interbank Payment system). The executive director of the Russian national association of participants of financial communications reported about it (Rosfink) Roman Alekseevich Chernov, his words provide daily business newspaper "Vedomosti". At present the Russian credit organizations are generally connected to Payment system as indirect participants, instead of straight lines. Such banks can receive messages in CIPS through direct participants, and open accounts — through correspondent banks. The status of the direct participant can receive only...