Belarus Prepares To Disconnect From The SWIFT banking system…

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It would appear that Belarus is anticipating economic sanctions to be imposed upon it be the U.S. in the near term, as retribution for their part in the ongoing situation involving Ukraine.

Denis Baryshkov, head of the Department of National Payment System of the Bank of Russia, is quoted as stating that “As of today (December 9 – ed.), all Belarusian banks are connected to the Financial Message Transfer System”. The system he references is the Russian equivalent of the SWIFT financial transfer system that that country erected in response to continued U.S. economic sanctions against it, story continues here:

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All Belarusian Banks Are Prepared For Disconnection From SWIFT

charter97.org/en/news/2021/12/9/447012/

 

AC

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