What is SWIFT? Impact of Swift Ban on Russia | Russia Ukraine Conflict

Описание: SWIFT is a global messaging software and is headquartered in Brussels, Belgium. It is a global member-owned cooperative.
It allows financial entities to send and receive messages about financial transactions in a secure, standardized, and reliable environment.
It was founded in 1973 by a group of 239 banks from 15 countries which formed a co-operative utility to develop a secure electronic messaging service and common standards to facilitate cross-border payments.

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