This petition was submitted during the 2019-2024 parliament
Rejected petition Cut Russia from Swift payment system
Considering the invasion of Ukraine by Russia I ask you to take futher meassures and cut Russia off Swift payment system
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Because I believe this will have a great impact on russian economy and will help to fight off russian agression
This petition was rejected
Why was this petition rejected?
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Because the SWIFT financial system is an international system, the UK Government cannot unilaterally exclude Russia from this, but the Government has said that it is working with allies to exclude Russian banks from the SWIFT financial system: https://www.gov.uk/government/news/uk-statement-on-further-economic-sanctions-targeted-at-the-central-bank-of-the-russian-federation
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