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863: Juan Zarate | Waging Financial War on Rogue Regimes
The Jordan Harbinger Show
Swift Code: The Switchboard of the International Banking System
4min Snip
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Swift is in essence a nonprofit consortium among the G10 central banks that was established to basically be the switchboard of the international banking system. All banks have a swift code, right? Every bank has a swift code for your point and area code. And if you want to do any sort of transactions internationally, you've got to have a swiftcode. You've got to be engaged. It's incredibly hard to operate as a legitimate financial institution without being able to operate on the Swift system. That has become a threatened tool in this sort of financial warfare landscape.
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