US, UK, Europe and Canada to block Russian access to Swift

Partial ejection from global payment system expected in days as part of new sanctions against Moscow after attack on Ukraine

The US, Britain, the EU and Canada have moved to block Russia’s access to the Swift international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine.

The measures, which will also include restriction on the Russian central bank’s international reserves, will be implemented in the coming days, the nations said in a joint statement.

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source https://www.theguardian.com/world/2022/feb/26/us-uk-europe-and-canada-to-block-russian-access-to-swift

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