Zakharova explained preparing for Russia’s disconnection from SWIFT

The Russian government is prepared for the possible disconnection of Russia from the international payment system SWIFT. This was told by the representative of the Ministry of Foreign Affairs of Russia Maria Zakharov in an interview with RT TV channel.

Zakharova noted that the Russian authorities still assess the likelihood of a disconnection from the payment system only as a hypothetical, but are already working to reduce risks and possible damage.

So, as an alternative to SWIFT, the system of transferring financial communications of the Bank of Russia is considered. According to Zakharova, in Moscow, we study the options for its pairing with foreign systems, such as European SEPA, Iranian Sepam, Chinese Cup and CIPS.