<p>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.</p>.<p>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.</p>.<p>He added that a number of states had been against putting any sanctions on Russia related to oil and gas delivery and said Germany would be pleased if Switzerland would join in sanctions.</p>.<p>The SWIFT system is a global network used by almost all financial institutions worldwide to wire sums of money to each other and is a cornerstone of the international payments system.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>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.</p>.<p>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.</p>.<p>He added that a number of states had been against putting any sanctions on Russia related to oil and gas delivery and said Germany would be pleased if Switzerland would join in sanctions.</p>.<p>The SWIFT system is a global network used by almost all financial institutions worldwide to wire sums of money to each other and is a cornerstone of the international payments system.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>