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-SWIFT bars North Korean banks
Mar 8, 2017 - Global Banking News

Global Banking News - 08 March 2017

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The move comes after United Nations investigators found evidence that banks had continued to use Swift's services despite being on UN sanctions lists. It is unclear how seven banks were able to use the services. Some North Korean banks had voluntarily exited the network after the sanctions were announced.

The Society for Worldwide Interbank Financial Telecommunication (Swift), a payment ena

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