Three years without SWIFT. Where did we arrive at in international settlements?
The media have exploded with rumors that sanctions will be lifted and usual banking transactions will come back. However, if true, it only refers to settlements in the agricultural sector at present, and it is unknown when it will start working in practice. So what about cross-border settlements today? Nikita Kuchin, Head of Treasury at Altus Capital, tells the PLUSworld portal about this.
The media have exploded with rumors that sanctions will be lifted and usual banking transactions will come back. However, if true, it only refers to settlements in the agricultural sector at present, and it is unknown when it will start working in practice. So what about cross-border settlements today? Nikita Kuchin, Head of Treasury at Altus Capital, tells the PLUSworld portal about this.Journal: PLUS №6 (326), 2025
Tweet
Read in this issue:
- May in Central Asia Didn't End in June, or What Digital Uzbekistan Showed
- 5th International PLUS-Forum Digital Uzbekistan. First day roundup
- Topical issues of Digital Uzbekistan 2025. Second day roundup
- Fraudfighting&Security Stanislav Kuznetsov at SPIEF-2025: the war against telephone scammers – 295 billion rubles stolen, 300 billion saved
- A patchwork-style IT modernization or How banks can cope with modern challenges based on BaaS platforms
- Data security in e-commerce: how to protect your business from leaks
- Three years without SWIFT. Where did we arrive at in international settlements?
- Stablecoins in the global payments market. Binance Kazakhstan's view
- Tokenization of assets. How can businesses legally use this tool?
- Digital infrastructure providers will become key players in the digital ruble ecosystem
- Analysis of customer feedback and the evolution of Armenian bank applications
- How are e-commerce insurance technologies developing in the world?
- Chinese-style artificial intelligence. How China is becoming a world leader in AI
- New requirements for information protection in the banking sector