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 Llamados para vetar a Rusia en el SWIFT infographic
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UCRANIA

Llamados para una prohibición del SWIFT contra Rusia

By Phil Bainbridge

February 25, 2022 - El gobierno de Ucrania – y otros en Occidente – han pedido que se vete a las instituciones rusas en el SWIFT, el sistema global de pagos seguros, para afectar la capacidad de Rusia de comerciar internacionalmante.

SWIFT, the Society for Worldwide Interbank Financial Telecommunications is an international network set up by around 11,000 financial institutions to facilitate faster cross-border payments, without the need to transfer money from one place to another. Barring Russian institutions would greatly add to the cost of doing business with them.

However, there is opposition to a ban as Russia would likely turn to alternatives including the Chinese Cross-border Interbank Payment System, which was designed to boost the international use of the yuan and could damage theposition of the U.S. dollar as the global reserve currency, or even cryptocurrencies such as Bitcoin. It would also,ikely lead to a spike in energy prices as Europe’s main supplies of natural gas and fossil fuels come from Russia.

Sources
PUBLISHED: 25/02/2022; STORY: Graphic News; PICTURES: Getty Images
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