By Patty McMurray
For two days, Ukraine’s Foreign Minister Dmytro Kuleba has literally been begging his NATO allies to ban Russia from the SWIFT international banking system.
“We believe Russia should be discontinued from anything that democratic countries allow them to be a part of,” Ambassador Oksana Markarova said during a press event Thursday. “We strongly ask everyone to support the discontinuation of SWIFT, disconnecting Russia from SWIFT.”
Removing Moscow from the international banking system would effectively cut Russia off from top financial networks.
The international program allows banks worldwide to securely and efficiently communicate with one another and it facilitates trillions of dollars worth of cross-border transactions.