“In general, in principle, disconnecting from SWIFT is a blow to the banking system, but it is not a mortal blow.

Until the mid-80s, all countries lived without the SWIFT system, they transmitted by fax, by telex, but this will complicate everything, lengthen the transfer, ”explained Ostapkovich.

In his opinion, disconnecting from SWIFT only at the first stage will be a serious blow, but within six months "all this can be worked out."

“This is rhetoric: you can take the first step, you can take the second step.

While these are only applications, there is no official document on disconnecting from SWIFT.

This is just speculation... SWIFT also has to make a decision, and this, by the way, is a private company.

This is not the structure of England or the USA.

This is a private company located near Brussels,” the expert concluded.

Earlier, Boris Johnson called Russia's disconnection from SWIFT the first step towards isolation.