Cutting Russia off SWIFT technically difficult - German govt spokesperson


FILE PHOTO A man using a mobile phone passes the logo of global secure financial messaging services cooperative SWIFT at the SIBOS banking and financial conference in Toronto Ontario Canada October 19 2017.  REUTERSChris HelgrenFile Photo

FILE PHOTO: A man using a mobile phone passes the logo of global secure financial messaging services cooperative SWIFT at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo

BERLIN (Reuters) - Suspending Russia from the SWIFT global interbank payments system would be technically difficult to arrange and would have a massive impact on transactions for Germany and German businesses in Russia, a German government spokesperson said.

Spokesperson Steffen Hebestreit added that Germany had not been the only country with reservations about cutting Russia off from SWIFT, saying Italy and France had some as well.

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