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Will any Russian bank be disconnected from SWIFT by April 1?

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Will any Russian bank be disconnected from SWIFT by April 1?

If the Society for Worldwide Interbank Financial Telecommunications Network (SWIFT Network) disconnects or otherwise restricts any Russian institution(s) in accordance with sanctions by April 1, 2022, 11:59:59 PM ET, this market will resolve to “Yes”. Otherwise, this market will resolve to “No”. If any banks or institutions based in the Russian Federation are disconnected from SWIFT in accordance with sanctions and later reconnected, this market will resolve to “Yes”. If SWIFT announces it will be disconnecting any Russian Federation banks or institutions in accordance with any sanctions but those sanctions go into effect after the resolution date for this market, the announcement will have no bearing on the resolution of this market. The primary resolution source for this market will be official information from SWIFT (https://www.swift.com/about-us/legal/compliance-0/swift-and-sanctions), however other credible reporting may be used.

If the Society for Worldwide Interbank Financial Telecommunications Network (SWIFT Network) disconnects or otherwise restricts any Russian institution(s) in accordance with sanctions by April 1, 2022, 11:59:59 PM ET, this market will resolve to “Yes”. Otherwise, this market will resolve to “No”.

If any banks or institutions based in the Russian Federation are disconnected from SWIFT in accordance with sanctions and later reconnected, this market will resolve to “Yes”.

If SWIFT announces it will be disconnecting any Russian Federation banks or institutions in accordance with any sanctions but those sanctions go into effect after the resolution date for this market, the announcement will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from SWIFT (https://www.swift.com/about-us/legal/compliance-0/swift-and-sanctions), however other credible reporting may be used.
Volume
$292,793
End Date
Apr 1, 2022
Market Opened
Feb 24, 2022, 7:00 PM ET
If the Society for Worldwide Interbank Financial Telecommunications Network (SWIFT Network) disconnects or otherwise restricts any Russian institution(s) in accordance with sanctions by April 1, 2022, 11:59:59 PM ET, this market will resolve to “Yes”. Otherwise, this market will resolve to “No”. If any banks or institutions based in the Russian Federation are disconnected from SWIFT in accordance with sanctions and later reconnected, this market will resolve to “Yes”. If SWIFT announces it will be disconnecting any Russian Federation banks or institutions in accordance with any sanctions but those sanctions go into effect after the resolution date for this market, the announcement will have no bearing on the resolution of this market. The primary resolution source for this market will be official information from SWIFT (https://www.swift.com/about-us/legal/compliance-0/swift-and-sanctions), however other credible reporting may be used.

Outcome proposed: Yes

No dispute

Final outcome: Yes

If the Society for Worldwide Interbank Financial Telecommunications Network (SWIFT Network) disconnects or otherwise restricts any Russian institution(s) in accordance with sanctions by April 1, 2022, 11:59:59 PM ET, this market will resolve to “Yes”. Otherwise, this market will resolve to “No”. If any banks or institutions based in the Russian Federation are disconnected from SWIFT in accordance with sanctions and later reconnected, this market will resolve to “Yes”. If SWIFT announces it will be disconnecting any Russian Federation banks or institutions in accordance with any sanctions but those sanctions go into effect after the resolution date for this market, the announcement will have no bearing on the resolution of this market. The primary resolution source for this market will be official information from SWIFT (https://www.swift.com/about-us/legal/compliance-0/swift-and-sanctions), however other credible reporting may be used.

If the Society for Worldwide Interbank Financial Telecommunications Network (SWIFT Network) disconnects or otherwise restricts any Russian institution(s) in accordance with sanctions by April 1, 2022, 11:59:59 PM ET, this market will resolve to “Yes”. Otherwise, this market will resolve to “No”.

If any banks or institutions based in the Russian Federation are disconnected from SWIFT in accordance with sanctions and later reconnected, this market will resolve to “Yes”.

If SWIFT announces it will be disconnecting any Russian Federation banks or institutions in accordance with any sanctions but those sanctions go into effect after the resolution date for this market, the announcement will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from SWIFT (https://www.swift.com/about-us/legal/compliance-0/swift-and-sanctions), however other credible reporting may be used.
Volume
$292,793
End Date
Apr 1, 2022
Market Opened
Feb 24, 2022, 7:00 PM ET
If the Society for Worldwide Interbank Financial Telecommunications Network (SWIFT Network) disconnects or otherwise restricts any Russian institution(s) in accordance with sanctions by April 1, 2022, 11:59:59 PM ET, this market will resolve to “Yes”. Otherwise, this market will resolve to “No”. If any banks or institutions based in the Russian Federation are disconnected from SWIFT in accordance with sanctions and later reconnected, this market will resolve to “Yes”. If SWIFT announces it will be disconnecting any Russian Federation banks or institutions in accordance with any sanctions but those sanctions go into effect after the resolution date for this market, the announcement will have no bearing on the resolution of this market. The primary resolution source for this market will be official information from SWIFT (https://www.swift.com/about-us/legal/compliance-0/swift-and-sanctions), however other credible reporting may be used.

Outcome proposed: Yes

No dispute

Final outcome: Yes

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Frequently Asked Questions

"Will any Russian bank be disconnected from SWIFT by April 1?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 100% for "Yes." For example, if "Yes" is priced at 100¢, the market collectively assigns a 100% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will any Russian bank be disconnected from SWIFT by April 1?" has generated $292.8K in total trading volume since the market launched on Feb 25, 2022. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will any Russian bank be disconnected from SWIFT by April 1?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will any Russian bank be disconnected from SWIFT by April 1?" is 100% for "Yes." This means the Polymarket crowd currently believes there is a 100% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will any Russian bank be disconnected from SWIFT by April 1?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.