According to Nabiullin, 52 foreign organizations have joined the Russian analogue of SWIFT.
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“Now SPFS users are 52 foreign organizations from 12 countries,” Nabiullina said.
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After the SWIFT payment system was turned off, people began to feel uncomfortable paying for purchases. Today, more than 11 thousand participants in all countries of the world are connected to the international interbank system for transmitting information and making payments SWIFT. The Central Bank began to work on an alternative way of exchanging financial messages because of the threat of a possible disconnection of Russian institutions from it.After the start of a military special operation to demilitarize and denazify Ukraine, the European Union disconnected seven major Russian banks from SWIFT: VTB, Rossiya, Otkritie, Novikombank, Promsvyazbank, Sovcombank and VEB.RFAfter the start of a military special operation to demilitarize and denazify Ukraine, the European Union disconnected seven major Russian banks from SWIFT: VTB, Rossiya, Otkritie, Novikombank, Promsvyazbank, Sovcombank and VEB.RF.As reported by the Central Bank in mid-April, the total number of SPFS users exceeded 330 banks and companies.
