What's the point of banning a few 'selected Russian banks' from SWIFT?

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The Politicus
Feb 27, 2022 05:28 AM 0 Answers
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I read that several Russian banks got banned from SWIFT (mirror) following the ongoing 2022 Russian invasion of Ukraine. What's the point of banning a few selected Russian banks from SWIFT? I would have guessed it is mostly useless as one could simply use a Russian bank that is still allowed in SWIFT.

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