Chinese CIPS full steam ahead…

30 Russian banks have already joined the CIPS payment system. Dozens more are awaiting approval of applications. It is expected that due to the transition to the analogue of SWIFT, logistics and settlements will become more predictable.

WtR

About the Author

Russian_Village

A survivor of six heart attacks and a brain tumor, a grumpy bear of a man, whom has declared Russia as his new and wonderful home. His wife is a true Russian Sweet Pea of a girl and she puts up with this bear of a guy and keeps him in line. Thank God for my Sweet Pea and Russia.