UN chief sends Putin proposal to keep Black Sea grain deal alive
THURSDAY, JULY 13, 2023
UN Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia's agricultural bank to the SWIFT international payment system.
Sanctions jointly imposed by the United States and other Western countries to remove some Russian banks from SWIFT - the payment system used for most international financial transactions - took effect on Saturday.
U.S., Europe to remove some Russian banks from SWIFT, escalating economic sanctions
SUNDAY, FEBRUARY 27, 2022
Kicking those Russian banks out of SWIFT, the high-security network that connects thousands of financial institutions worldwide, "will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally," said the statement.
U.S., UK, Europe, Canada to block Russian access to SWIFT
SUNDAY, FEBRUARY 27, 2022
The United States, Britain, Europe, and Canada on Saturday (February 26) moved to block certain Russian banks' access to the SWIFT international payment system as part of more sanctions against Moscow as it continues its assault against Ukraine.
Major Thai banks get on board of Swift’s GPI platform for real-time fund transfers
WEDNESDAY, AUGUST 01, 2018
THAILAND’S four major banks have joined Swift’s Global Payment Initiative (GPI) platform, which adds the blockchain technology on top of its infrastructure for global real-time cross-border fund transfers.