Why Losing SWIFT Matters
发布时间 2022-03-02 07:00:23 来源
摘要
The Society for Worldwide Interbank Financial Telecommunication or SWIFT provides financial messaging services to some 11,000 banks around the world.
It is not a company, but rather a cooperative organization that arose to replace an outdated technology. Its powerful network has made it a crucial part of the global financial system.
The Wikipedia page on this organization is quite comprehensive. So we have to go deeper. In this video, I want to write about SWIFT's unusual place in the financial world and what it means to lose access to it.
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