🔹“The new reality is leading to a massive abandoning of the use of the US dollar and the euro in international payments,” VTB CEO said. “We are the first Russian bank to install an alternative cross-border bank transfer service with China 🇨🇳 & plan to increase the volume of these transactions by five times by next year,”.
🔹VTB plans to maintain presence on the markets of (https://tass.com/economy/1503439)China, India 🇮🇳, Kazakhstan 🇰🇿, Vietnam 🇻🇳 & other friendly countries.
Recent posts on bypassing SWIFT:
💠The System for Transfer of Financial Messages (SPFS), 🇷🇺 Russia's replacement for SWIFT, is open to banks from the BRICS nations (https://t.me/TheParadigmShiftChannel/1009).
💠Iran 🇮🇷 proposed a new currency for trade with (https://t.me/TheParadigmShiftChannel/960) China, Russia, India, Pakistan, and other members of the Shanghai Cooperation Organization.
💠Alternative payment systems 💵 to SWIFT (https://theparadigmshifts.substack.com/p/will-the-russian-federation-economically) available to Russia.
Pradigm shift telegram channel
