Russia to launch alternative to SWIFT bank transaction system in spring 2015

This is another example of western sanctions against Russia backfiring as they accelerate de-dollarization globally.  The USDollar losing its reserve currency status will be the end of the US as the sole superpower and have adverse effects on the dollar's purchasing power.

For those who are unaware of the SWIFT financial system, one uses SWIFT when wire transferring  funds.

http://rt.com/business/204459-russia-swift-payment-alternative/