Central Bank: SWIFT to continue working in Russia as usual

Central Bank: SWIFT to continue working in Russia as usual

The SWIFT international payment system has confirmed to the Central Bank that it will work in Russia as usual and there is no risk that the country will be disconnected from the system, First Deputy Chairman of the Central Bank Olga Skorobogatova, speaking in the State Duma, the lower house of the parliament.

"We are in constant and direct contact with SWIFT, both with the headquarters and the Moscow office. They confirmed it to us that SWIFT will work as usual, without any problems, and we do not see any risks at the moment," TASS cited her nas saying.

Skorobogatova noted that even if Russia is disconnected from SWIFT, interbank transfers can be transferred to the Russian counterpart - the Financial Message Transfer System (FMS).

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