SWIFT international banks settlement network RSS
Indecision in Europe as UK and US push for Russian ejection from Swift
A raft of economic sanctions have been heaped on Russian banks and oligarchs as the West promises to make Vladimir Putin pay dearly for invading Ukraine. But even with Russian... read more
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Iranian banks rejoin SWIFT
Just hours after the historic settlement and lifting of years old sanctions against Iran regarding their nuclear capabilities, the Iranian banks have rejoined the SWIFT international banks settlement network. Iran’s Day Bank announced re-joining the SWIFT transaction system. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) blocked 30 Iranian banks from its services after the EU joined [...]
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