LIVING WITHOUT SWIFT...
In anticipation of the next series of investigations from Flying Supervision, the channel is launching a new format. "Banya Question" is Elena Letuchaya's new show, where the conversation is led by people, not an interviewer. Simple, often naive, questions from ordinary people on the street form the basis of the conversation.
This show was created to give everyone the opportunity to ask serious experts their most banal questions on pressing issues.
In this episode, we'll explore what SWIFT is and how its shutdown affects our wallets. An expert will answer questions about how to transfer money abroad today, why cards from other countries don't work in Russia, and what awaits us if SWIFT never returns to Russia. The answers to all these banal questions are in today's episode!
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00:00 - Trivial questions about bank transfers.
02:02 Do people know what SWIFT is?
03:22 Our expert: Ksenia Bondarenko, Senior Lecturer, Department of World Economy, Faculty of World Economy and International Affairs, HSE University.
03:53 What is Swift?
05:04 Is there a Swift system equivalent in Russia?
08:06 Why is Swift so important for the banking system and for individuals?
12:11 How can I transfer money abroad today?
15:08 How can I tell if a bank is under sanctions?
16:01 Why don't foreign bank cards work in Russia?
16:58 What are the reasons and consequences of the country's disconnection from Swift?
18:30 Can the development of cryptocurrencies solve Swift's problems?