SWIFT rejected plans to turn off Russia from system

Russia will not turn off from the international bank transfer system, the representative of SWIFT assured. His words leads TASS.

A call to disable Russia from SWIFT previously made the largest fraction of the European Parliament – the European People’s Party (UNP). However, the Supreme Representative of the European Union on Foreign Affairs and Security Policy Josep Borrel later acknowledged that this is not included in the competence of the EU.

About the prospect of shutdown spoke in the Kremlin. “We can confidently state one thing: in certain forms of restrictions on Russia are used by a number of states who pursue the goal of curling Russia illegal, from the point of view of international law, measures,” said the spokesman for President Dmitry Sandas.

In addition, the prospect of turning off Russia from the international payment system has become one of the factors why the Moody’s International Rating Agency confirmed the long-term ratings of Russia in foreign and national currency at the BAA3 level.

/Media reports.