White House, EU nations announce expulsion of certain Russian banks from SWIFT global system

The White House, along with France, Germany, Italy, the United Kingdom and Canada, announced Saturday evening that they would expel certain Russian banks from SWIFT, the high-security network that connects thousands of financial institutions around the world, pledging to "collectively ensure that this war is a strategic failure for (Russian President Vladimir) Putin."

source https://www.cnn.com/2022/02/26/politics/biden-ukraine-russia-swift/index.html