- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
You must log in or # to comment.
Suggest everyone who stumbles upon this post view OPs history. He’s a blyat.
Gonna need someone to explain Swift to me (google is not helping thanks to Taylor’s popularity), and also a blyat
Swift codes are used for international banking. Not every bank has a code. Unless you transfer money internationally then you will never use it. Most Americans use western union or we have other options. Honestly it is for companies more so.
Also, if you do shady stuff, banks will kick you out of the swift codes. That would be the main reason to create their own.
The BRICS payment system similar to SWIFT can break the global dominance of the US dollar.
Lol, ok.
It probably depends if there will be banks that offer both and try to serve as an interconnect. And how this will be treated. If this is accepted it might work, if these banks get ousted from swift, it won’t.
