SWIFT’s Role in Global Banking - Federal Reserve Bank of Atlanta
https://www.atlantafed.org/economy-matters/banking-and-finance/2022/03/03/swift-role-in-global-banking
WEBMar 3, 2022 · Banking & Finance. A SWIFT Primer: Explaining the Network’s Role in Global Banking. March 3, 2022. As part of economic sanctions imposed on Russia, the United States and other countries are barring certain Russian banks from the network used to exchange messages that accompany major cross-border financial transactions.
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