Gazprombank in risk zone: EU can disable Swift 4 more Russian banks
The following banks will lose access to the system: Gazprombank is dealing with gas exports from Russia, the head of the OP said. "McFala-Jermak's group suggested disconnecting all the top 30 Russian banks in April," Yermak added. The International Working Group of McFala-Ermak was created on the initiative of President of Ukraine Volodymyr Zelensky. It was headed by Jermak and the former US Ambassador to Russia Michael McFol.
The group members prepare documents and strategies for imposing new sanctions against Russia and Belarus. EUOBSERVER EDUCATIONS that the offering of 4 banks from SWIFT was made by Ireland. This event will have serious consequences for Gazprombank, as it makes payments for exporting Russian gas, high -ranking European officials said. Banks from the system can be disconnected before the meeting of EU foreign ministers in mid -October, Euractiv reports.
The restrictions will come into force if all EU countries unanimously support the proposal. The NTI Center for St. Petersburg Competences Alexander Kireev declared the creation of SWIFT analogue in the Russian Federation, he is already ready for testing at banks. The system does not use classic blockchain. At the beginning of 2023, a digital ruble could be launched in Russia, supplementing the Reuters agency with reference to a high -ranking State Duma deputy.
Such currency will be used in the process of settlements with China, seeking to reduce dependence on the US. Officials say that digital Yuan has already protested in China. "If we have launched it, other countries will actively use in the future, and the US control over the world financial system will actually cease," Anatoly Aksakov, chairman of the Financial Committee of the Lower House of Parliament, commented on the initiative.
Some experts of the Central Bank of the Russian Federation have suggested that new technologies will give two countries the opportunity to interact directly with each other. SWIFT is deciphered as Society for Worldwide Interbank Financial Telecommunication (Community of World Interbank Financial Communications). It is an international system of information and payments. SWIFT uses almost 11,000 banks and financial institutions in more than 200 countries.
The SWIFT system allows banks to make correspondence faster and safer and process international payments. Swift can be called a messenger between the banks. With SWIFT, you can transfer money abroad from a personal account to an individual or legal entity. SWIFT is suitable for calculating purchases abroad, hotel booking, paying for training, rest or treatment.