Swift in Syria raises trust concerns
After nearly ten months since the first financial message was sent from Syria via the SWIFT system, the global payment system faces challenges related to rebuilding trust with correspondent banks and international regulators, not just technical recovery. Despite technological advances, issues of trust, weak infrastructure, and geopolitical restrictions continue to hinder the full activation of operations. Experts emphasize that restoring relations with international banks requires time and intensive efforts, and the success of re-establishing the system depends on building a reliable track record and developing alternative regional relationships, rather than waiting for direct approval from Western countries.
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