>>15860383 (lb)
Russia has only been PARTIALLY cut off from the SWIFT system. Certain banks cut off, yasss. Select few were given a pass.
Notably absent from the Swift ban are Sberbank and Gazprombank, both key banks in Russia. The decision to delist some banks but not all represented an EU compromise.
West Orders Seven Russian Banks Off Swift, But Leaves …
https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-01/card/west-orders-seven-russian-banks-off-swift-but-leaves-others-on-OMv9TCsZMQqlze9dQQRm#:~:text=Notably%20absent%20from%20the%20Swift%20ban%20are%20Sberbank,banks%20but%20not%20all%20represented%20an%20EU%20compromise.
Backups: https://www.euronews.com/my-europe/2022/03/02/these-are-the-7-russian-banks-banned-from-swift-and-the-two-exempted
Why?
When you only have to watch a couple of holes in da fence for pesky wabbits, it's a whole lot easier than ALL of da holes.
No "unpublic" funds get wired back in over da SWIFT system from "Unpublic" institutions, a k a "Fake Banks" set up in the Formations House "Papers" leaks. No naughtiness unless Shtoopid like clowns.