{"id":41852,"date":"2021-05-04T13:42:46","date_gmt":"2021-05-04T10:42:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41852"},"modified":"2025-08-30T20:38:22","modified_gmt":"2025-08-30T17:38:22","slug":"russia-weighs-possible-disconnection-from-swift","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/russia-weighs-possible-disconnection-from-swift\/","title":{"rendered":"Russia weighs possible disconnection from SWIFT"},"content":{"rendered":"<p>An interagency working group is studying the consequences of Russia&#8217;s possible disconnection from the international SWIFT payment system. This was <a href=\"https:\/\/russian.rt.com\/business\/news\/858923-zaharova-rossiya-swift\" target=\"_blank\" rel=\"noopener\">stated<\/a> by the Russian Foreign Ministry spokesperson Maria Zakharova in an interview with RT.<\/p>\n<p>She stressed that the scenario of disconnection from SWIFT remains treated as hypothetical:<\/p>\n<blockquote>\n<p>\u201cWork is under way to minimise the risks and economic damage from restricting Russia&#8217;s access to familiar international financial instruments and payment mechanisms.\u201d<\/p>\n<\/blockquote>\n<p>Among alternatives to SWIFT, Maria Zakharova named the Bank of Russia\u2019s Financial Messaging System.<\/p>\n<p>She also announced progress in cooperation between Russia&#8217;s MIR system and foreign counterparts: China&#8217;s UnionPay, Japan&#8217;s JCB, and Maestro internationally.<\/p>\n<blockquote>\n<p>\u201cIt is premature to speak about any concrete timelines for creating a comprehensive national toolkit for conducting payment operations and promoting it on international markets,\u201d added Zakharova.<\/p>\n<\/blockquote>\n<p>Earlier, in March, the Kremlin&#8217;s spokesman Dmitry Peskov did not rule out that Russia could be cut off from SWIFT.<\/p>\n<p>Deputy Foreign Minister Alexander Pankin said there could be an alternative to this system in the country, <a href=\"https:\/\/u1f987.com\/en\/news\/russian-foreign-ministry-signals-possible-alternative-to-swift-amid-the-rapid-growth-of-blockchain-and-digital-currencies\">\u00abthe rapid development of digital currencies and blockchain\u00bb<\/a>.<\/p>\n<p>The Central Bank of Russia suggested that it could be rivaled by <a href=\"https:\/\/u1f987.com\/en\/news\/cbdcs-could-rival-swift-says-bank-of-russia\">\u00abcentral bank digital currencies\u00bb<\/a>.<\/p>\n<p>Follow ForkLog News on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full feed of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An interagency working group is studying the consequences of Russia&#8217;s possible disconnection from the international SWIFT payment system. This was stated by the Russian Foreign Ministry spokesperson Maria Zakharova.<\/p>\n","protected":false},"author":1,"featured_media":41853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[27,116],"class_list":["post-41852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-russia","tag-swift"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=41852"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41852\/revisions"}],"predecessor-version":[{"id":41854,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41852\/revisions\/41854"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/41853"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=41852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=41852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=41852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}