Whether Russia’s aim in creating and implementing an alternative to SWIFT is based chiefly on protecting its own economy or not, the move further illustrates how the concentration of international power is steadily moving eastward.

Russia Preparing For Potential Removal From International Banking System

Global financial institutions like the World Bank and SWIFT can make or break the economies of entire nations due to their domination of the international banking system. Russia is making preparations in case they are ever barred from access to these institutions due to geopolitical influence from the West.