Experts have expressed two scenarios in the event of Russia's disconnection from SWIFT

Experts have expressed two scenarios in the event of Russia disconnecting from SWIFT

Experts also raised the likelihood of Russia disconnecting from SWIFT.

Russia is threatened with disconnection from the international payment system SWIFT, if the relevant law is passed and approved in the White House, as well as coordinated by the United States with partners from the European Union.

Topnews wrote about this earlier.

In the Kremlin, CNN's statement was called & # 8220; information hysteria ', but the expert, in turn, expressed two scenarios for the development of events in the event of Russia's disconnection from SWIFT

It is noteworthy that naturally in this case Russian banks will switch to the domestic analogue of SPFS (Financial Messaging System). However, it is still underdeveloped and therefore banks may need to make bilateral payments.

This method will be more expensive and time consuming for the bank's customers, whether they are importers or exporters.

As a result, Olga Belenkaya, head of the macroeconomic analysis department of FG Finam, explained that transaction costs will also affect the price of goods for the end consumer.

At the same time, international financial consultant FCP Financial Management Ltd Isaac Becker expressed doubts that Russia will be deactivated from the SWIFT system and that this issue will be resolved in the negotiations between Putin and Biden.

According to him, the two sides will come to the conclusion that such a solution will not benefit both sides and will agree to a temporary compromise.

Dmitry Polevoy, Chief Investment Officer of LockoInvest, also considered the likelihood of a SWIFT disconnection to be unlikely.


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