SWIFT is past, SPFS is now…

Russia’s money transfer system, developed as an alternative to SWIFT is now more popular than the global network, said Anatoly Aksakov, head of the Russian parliamentary committee on financial markets. He explained that Moscow is already engaged in talks with Chinese, Turkish and Iranian financial regulators on integrating its System for Transfer of Financial Messages (SPFS) with financial messaging systems of those countries.

Source: Russia’s alternative to SWIFT payment system poised to eclipse the original – MP — RT Business News

So what does the USA do?

Pushes Iran and others into the arms of the new system…

https://sputniknews.com/business/201811061069561736-iran-us-sanctions-swift-system/

WtR

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.