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Swift wasn’t blocked. There were targeted sanctions against certain banks.
by ivan_gammel 1y ago
Swift wasn’t blocked. There were targeted sanctions against certain banks.
- don_esteban 1y agoThis seems like legalistic perspective. What percentage of Russia's foreign transactions went through those banks? Certainly, normal people can't normally transfer money to/from Russia. The same for almost all companies.
- ivan_gammel 1y agoJain, as Germans say. It is not impossible to transfer the money (e.g. if you by a chance have accounts in certain banks on either side). Russian foreign trade still exists, Russian tourists still buy tours and spend money abroad etc. It’s even more complicated picture, of course.