EU considering SWIFT exclusion for Belarus banks - official

Authored by reuters.com and submitted by DreGu90
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Swift logo is seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration

BRUSSELS, March 3 (Reuters) - The European Union is considering excluding banks in Belarus from the SWIFT messaging system that underpins the global financial transactions, as it has already done for seven Russian banks, an EU official said on Thursday.

"On the SWIFT side, we're also looking now at the preparation of the equivalents for the Belarus financial sector, but knowing that SWIFT is not as strategically important in the Belarus economy as it is in the Russian side," the official said.

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Reporting by John Chalmers, Writing by Philip Blenkinsop; Editing by Alison Williams

Our Standards: The Thomson Reuters Trust Principles.

papaz1 on March 3rd, 2022 at 12:42 UTC »

Lukashenko is really suffering from FOMO.

Come one everyone, we need to help him catch up.

Cinnaminimalist on March 3rd, 2022 at 11:06 UTC »

Yeah the same sanctions for all Russian vassal states.

chrisdurand on March 3rd, 2022 at 10:06 UTC »

Good. Fuck Lukashenko.