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U.S., UK, Europe, Canada to block Russian access to SWIFT

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© Reuters. In this illustration, the Swift logo can be seen. It was taken in Bosnia and Herzegovina (February 25, 2022). REUTERS/Dado Ruvic/Illustration

WASHINGTON, (Reuters) – The United States of America, Britain, Europe, and Canada moved on Saturday to stop Russia from accessing the SWIFT international payments system. This is part of a new round of sanctions targeting Moscow in its ongoing assault against Ukraine.

In a joint statement, they said that the measures will include restrictions on Russia’s central bank’s international reserve.

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