There is a good article on The Guardian about it: https://www.theguardian.com/technology/2022/feb/24/what-is-swift-international-payments-network-russia-sanctio

There is a good article on The Guardian about it: https://www.theguardian.com/technology/2022/feb/24/what-is-swift-international-payments-network-russia-sanction https://www.theguardian.com/technology/2022/feb/24/what-is-s... Essentially the CIPS as already mentioned would be most likely alternative, which is partially why people are afraid to exercise this option as it could lead to weakening of USD and SWIFT in general. Crypto is considered by the author an option but honestly I fail to see how it could work at scale, since you could refuse to interact with known accounts (https://www.coindesk.com/policy/2022/02/24/us-to-expand-sanctions-against-russia-after-ukraine-invasion/ https://www.coindesk.com/policy/2022/02/24/us-to-expand-sanc...)