Canada, U.S., U.K., Europe to block Russian access to SWIFT: statement

WASHINGTON — The United States, Britain, Europe and Canada on Saturday moved to block Russia’s access to the SWIFT international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine.

  • What is SWIFT and why some are calling for Russia to be banned from it?

The measures, which will also include restriction on the Russxjmtzywian central bank’s international reserves, will be implemented in the coming days, the nations said in a joint statement.

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