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Re:A quick breakdown of what SWIFT is and why it matters by celticninja on Friday February 25, 2022 @12:14PM (#30469542)
It's still an effective sanction because the Russian alternative is a half baked approach. It can only handle a fraction of the daily required transactions, only 40% of Russian banks are signed up to use it and it can only process payments during office hours.
Re:A quick breakdown of what SWIFT is and why it matters by dgan on Friday February 25, 2022 @12:20PM (#30469615)
Processing only during office hours? That's hilarious. Is there someone manually debugging transactions, and that's the reason?
Re:A quick breakdown of what SWIFT is and why it matters by RustyBucket on Friday February 25, 2022 @12:44PM (#30469894)
Russia, I think, has 11 timezones. So essentially it is office hours entire day.
Re:A quick breakdown of what SWIFT is and why it matters by celticninja on Sunday February 27, 2022 @05:49AM (#30487099)
Moscow office hours