SWIFT

The Society for Worldwide Interbank Financial Telecommunication, legally S.W.I.F.T. SCRL, provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.

Source: en.wikipedia.org

Swift Moves to Ban Russia
Swift Moves to Ban Russia
September 03, 2014  |  News

British prime minister David Cameron is urging EU nations to cut off Russian banks from the SWIFT financial messaging network, in order to put pressure...

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