SPFS (Russian: Система передачи финансовых сообщений (СПФС), romanized: Sistema peredachi finansovykh soobscheniy, lit. 'System for Transfer of Financial Messages') is a Russian equivalent of the SWIFT financial transfer system, developed by the Central Bank of Russia.[1] The system has been in development since 2014, when the United States government threatened to disconnect Russia from the SWIFT system.[2]