[6] The Russian Government was also in talks to expand SPFS to developing countries such as Turkey and Iran.
[9][10] At the end of 2020, there were 23 foreign banks connected to the SPFS from Armenia, Belarus, Germany, Kazakhstan, Kyrgyzstan and Switzerland.
[11] On March 17, 2022, Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, announced that the Bank of Russia and the People's Bank of China were working on connecting the Russian and Chinese financial messaging systems.
[15] As summarized by academic Tim Beal, SPFS is among the responses to sanctions imposed by the United States viewed by commentators as contributing to dedollarization.
[16] The US authorities consider SPFS as a system created to help diminish the effects of sanctions imposed on Russian entities and individuals.