Browsing: SWIFT

Dmitry Shatunov, head of the Foreign Economic Cooperation Committee at the Moscow Chamber of Commerce and Industry, revealed talks with…

The global shift away from the Western-based payment network, now used as a sanctions tool, has been gathering pace The…

Thirty Russian banks have been linked to the Chinese payment system CIPS, which is a system equivalent to the banking…

Brussels says the state-owned Russian Agricultural Bank may return to the payment system only after the conflict in Ukraine ends…

SWIFT cross-border transactions in the single currency have nosedived to three-year lows The use of the euro for international settlements…

Russia’s second-largest bank opened a representative office in Iran to facilitate inter-bank communications between the neighboring countries. Moscow and Iran…

An informed source said that no decision has yet been taken regarding the mediation of a Turkish bank in the…

Banks have been ordered to use the country’s domestic financial messaging systems for transactions The Bank of Russia has forbidden…

Iran Currency Exchange (ICE) lists the ruble-rial pair ticker, as the first phase of the Iran-Russia banking measures package agreed…

Business between countries was booming before Western sanctions South Korea plans to open temporary settlement lines between domestic banks and…