In 2014, the Bank of Russia launched the Financial Messaging System (SPFS) in test mode MOSCOW, November 15. /TASS/. The traffic of Russia’s SWIFT counterpart ... and his team have ...

The U.S., the U.K., Canada and the European Union announced that they would disconnect SWIFT from “selected” Russian banks in the backdrop of the Russian Invasion of Ukraine. "Russia’s war ...

KAZAN, September 18. /TASS/. A number of big Russian banks are already using the equivalent of SWIFT created by the Central Bank, the regulator’s Deputy Chairman Olga Skorobogatova said at ...

Russia is said to be highly dependent on SWIFT for its key oil and gas exports. The assets of Russia’s Central Bank will also be frozen, which would limit access to overseas reserves.