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The head of VTB Kostin said that the payment system SWIFT is no longer needed by anyone

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19.03.2025

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📝 Summary

The head of VTB Kostin said that the payment system SWIFT is no longer needed by anyone

The entrepreneur admitted that the old methods of payment can return if weakened. but only to a limited extent. " - nobody wants him anymore. We, other countries, have modern systems, we just need to continue to develop them. Of course, it may be easier for individual players, say exporters, to pay in dollars today, Kostin said. He added that all over the world are wary of settlements in dollars. The world community has not forgotten how foreign assets of the Central Bank of the Russian Federation were seized.