Saturday, May 4

Browsing: SWIFT

Russia bans SWIFT

2 Mins ReadMarch 21, 2023

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

Iran, Russia bid to wipe dollar off their trades

3 Mins ReadJuly 19, 2022

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

South Korea seeks to continue trade with Russia despite sanctions

2 Mins ReadMarch 19, 2022

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

EU decides to exclude 7 Russian banks from SWIFT

2 Mins ReadMarch 2, 2022

The EU authorities earlier announced they will be cutting several Russian banks that had fallen under sanctions off from the…

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