Head of the Russian Bank VTB Andrei Kostin commented on the possibility of turning off Russia from the Swift payment system. Reports about it TASS.
According to Kostina, the disconnection of Russia from SWIFT will be a serious step from the West. “Of course, survive is definitely. But I do not think that it will reach it. It would be a very serious event, unfriendly – it is not enough,” he said.
SWIFT is the International Interbank Information Transmission System and Payments. The largest banking organizations are connected to this system in almost all countries of the world.