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The Russian analog of SWIFT, SPFS is growing beyond the imagination of the EU and US sanction regime. 100 more organizations are joining the SPFS
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#Russia #SPFS #SWIFT #US #EU #CHINA #ASIA #INDIA twitter.com/i/web/status/1… Image
1. According to NSD's (National Settlement Depository) representative, about 100 new participants are currently joining the Russian financial messaging system (SPFS). These are mainly representatives of friendly countries from the CIS, Latin America, and Asia. For example, Russia… twitter.com/i/web/status/1… https://twitter.com/trtworl...
2. Last year 130 banks and companies were connected to the SPFS. The total number of users reached 462 organizations by the year-end. The financial messaging system works similarly to SWIFT, it was created in 2014 after the first anti-Russian sanctions were imposed.

#Russiatwitter.com/i/web/status/1… Image
Read 6 tweets
🇷🇺 Alla Bakina, direttrice del dipartimento del sistema di pagamento nazionale della banca centrale: altri Paesi hanno aderito allo #SPFS - alternativa SWIFT della BC di Russia

Il sistema comprende ora 115 entità straniere di 14 nazioni

cbr.ru/eng/about_br/b…
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2/ Il sistema russo di messaggistica interbancaria SPFS si sta espandendo a un ritmo senza precedenti e ora comprende 469 partecipanti.

"Nell'ultimo anno abbiamo collegato un numero di membri pari a quello dell'intero periodo di funzionamento del sistema",
3/ ha dichiarato venerdì Bakina a margine di un forum a Ekaterinburg. Circa 115 dei partecipanti sono entità straniere provenienti da 14 Paesi.

Bakina ha sottolineato che la Banca centrale russa sta lavorando per collegare un numero ancora maggiore di Paesi al suo sistema SPFS.
Read 8 tweets

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