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Would be difficult to pay with SWIFT cut off?
by morkalork 3y ago
Would be difficult to pay with SWIFT cut off?
- SXX 3y agoRussia is not cut off from SWIFT. There are multiple banks that doing USD / EUR payments in and out, but with minimal amount of 20,000 EUR and some 200-500 EUR fee. And you can also transfer bunch of other currencies much much cheaper. It's mostly question on whatever you have paperwork for bank outside of Russia to accept that payment. PS: Only normal people are affected by those restrictions. Companies and super-rich cronies can still move their money freely and pay for whatever military components they want from EU / US: https://theins.press/en/politics/266147 https://theins.press/en/politics/266147