17-03-2017 11:17 via yahoo.com

SWIFT cuts off last N. Korea banks from global finance system

SWIFT, the inter-bank money transfer system, said Friday it has cut off the last North Korean banks on the network, as international pressure mounts on Pyongyang over its nuclear and ballistic missile programmes.As a result, these entities will no longer have access to the SWIFT financial messaging service," the Brussels-based group said in a statement."Given the increased ongoing international attention on the DPRK, SWIFT has informed the Belgian and EU authorities," it said, referring to the D
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