The EU is going to disconnect three Russian banks from SWIFT

Ukrainian News
Muarrir
14 June 2022, 14:51
Muarrir
14 June 2022, 14:51

On June 14, the European Union will disconnect Sberbank, Rosselkhozbank and Moscow Credit Bank from the SWIFT system. This was reported by the Russian service of the BBC in the Telegram. It is noted that this is part of the sixth package of sanctions against the Russian Federation due to Russia's invasion of Ukraine.

At the same time, the Russian banks have stated that they will continue to work full-time, according to the edition.

In particular, Sberbank stated that they work normally, and disconnection from SWIFT "does not change the situation with international payments".

The Moscow Credit Bank noted that operations within Russia will be carried out "on a regular basis". However, when making payments abroad, their terms may increase.

Rosselkhozbank also stressed that the Russian banking system has created "the necessary conditions to ensure uninterrupted autonomy".