SPFS

SPFS
СПФС
Company typePayment system
Founded2014; 10 years ago (2014)
HeadquartersMoscow, Russia
ParentBank of Russia
Websitewww.cbr.ru/psystem/fin_msg_transfer_system/

The System for Transfer of Financial Messages (Russian: Система передачи финансовых сообщений, romanizedSistema peredachi finansovykh soobscheniy), abbreviated SPFS (Russian: СПФС), is a Russian equivalent of the SWIFT financial transfer system, developed by the Central Bank of Russia.[1] The system has been in successful development since 2014, when the United States government threatened to disconnect the Russian Federation from the SWIFT system.[2]

  1. ^ Cite error: The named reference forbesru was invoked but never defined (see the help page).
  2. ^ Turak, Natasha (23 May 2018). "Russia's central bank governor touts Moscow alternative to SWIFT transfer system as protection from US sanctions". CNBC. Retrieved 4 October 2018.