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Financial messaging system Swift bans North Korean banks blacklisted by UN
Published Wed, Mar 8, 2017 · 09:50 PM
Hong Kong
BELGIUM-based Swift said on Wednesday it has stopped providing financial services to all North Korean banks under UN sanctions, as international tensions rise over Pyongyang's increasingly aggressive military behaviour.
The financial messaging system said it stopped providing services to the North Korean banks after Belgian authorities withdrew authorisation that had enabled Swift to serve the banks.
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