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> Now I'm not familiar with what exactly is allowed and now allowed now that they've been disconnected from SWIFT, so that's something someone at a bank might w
by ianpurton 5y ago
> Now I'm not familiar with what exactly is allowed and now allowed now that they've been disconnected from SWIFT, so that's something someone at a bank might want to answer.
Most of your FX trades were probably settled in the back office over swift. Swift is a network you join and then you have access to the global economy and liquidity.
So the real power of swift is the network effect. Join once connect to everyone.