There are growing concerns about South Africa being disconnected from the SWIFT global payment system following the country's tensions with the United States.

Even though the likelihood of this happening is seen as a low risk, experts warn, the economic consequences would be catastrophic if it were to happen.

SWIFT is the backbone of international trade, allowing South African banks to move money across borders.

Experts say losing access would choke off capital flows, trigger the Rand collapse, and drive up the cost of living.

Dimakatso Leshoro filed this report... 

There are growing concerns about South Africa being disconnected from the SWIFT global payment system following the country's tensions with the United States.
Even though the likelihood of this happening is seen as a low risk, experts warn, the economic consequences would be catastrophic if it were to happen.
SWIFT is the backbone of international trade, allowing South African banks to move money across borders.
Experts say losing access would choke off capital flows, trigger the Rand collapse, and drive up the cost of living.
Dimakatso Leshoro filed this report...&nbsp;

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