• 11/29/2024

Creating bank subsidiary for SWIFT connection a no go – Russian Foreign Ministry

Disclaimer: TASS is Russian government propaganda, and not a reliable news source.

The official representative of the department, Maria Zakharova, noted that at the same time, such practical aspects as the fact that it takes many months to open a bank branch, the establishment of SWIFT takes another three months, and the shutdown occurs in “a matter of minutes”

https://tass.com/economy/1642541