SWIFT sanctions on Russia

Swift logo is placed on Ukrainian's and Russian's flag colors in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration
Global Economy

Moscow, Beijing working on SWIFT workaround: Russian lawmaker

Connecting to China's CIPS payment platform is another possible option. However, China's platform can only be used for settling payments in yuan

Swift logo is seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration
Europe

EU excludes 7 Russian banks from SWIFT

Swift logo is seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration
World+Biz

SWIFT waits to disconnect Russian banks as securities platforms cut Moscow ties

Careful what you wish for.Photographer: Yann Schreiber/AFP/Getty Images
World+Biz

Wielding SWIFT against Russia is a big risk