On: Understanding the War in Ukraine

[avmich]

SWIFT doesn't mean much. Bank transactions can be done by other means, which happened recently. It's speed and convenience, but not qualitative difference.

[ausudhz → avmich]

International transfer happen all with swift. Europe has its system (IBAN) but still swift is what is used internationally

[odshoifsdhfs → ausudhz]

I think you mean SEPA (Single Euro Payments Area) not IBAN (IBAN is an account number - International Bank Account Number, also used in SWIFT transfers)

[ausudhz → odshoifsdhfs]

Ya sorry. IBAN is what is used for SEPA payments. You don't have the same with swift since system and code are named (again) swift.

I never used IBAN outside of Europe (actually Dubai if I'm not wrong used that too) so I'm not sure how international that is