REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSept 8 (Reuters) - A Russian Agricultural Bank subsidiary in Luxembourg could immediately apply to SWIFT to "effectively enable access" for the bank to the international payments system within 30 days, the United Nations told Russia in a letter, seen by Reuters on Friday. A key Russian demand has been the reconnection of the Russian Agricultural Bank, Rosselkhozbank, to the SWIFT international payments system. "SWIFT has already confirmed that an expedited application process could be possible, bringing the time for effective access within 30 days," Guterres wrote. Russian fertilizer companies would also have to apply to national authorities within the EU for exemptions and the U.N. would engage with the EU on those requests. "The United Nations can help clarify the authorization process for different EU ports and work with Russian counterparts on obtaining the authorizations/permits pre-departure, if required."

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Persons: Dado Ruvic, SWIFT, Antonio Guterres, Sergei Lavrov, Guterres, Lavrov, Russia's, RAB, John Neal, Lloyd's, Michelle Nichols, Chizu Organizations: REUTERS, Russian Agricultural Bank, United Nations, Reuters, RSHB Capital S.A, Russian, Black Sea Initiative, Russian Foreign Ministry, UN Secretariat, SWIFT, European Union, UN, RAB, Facility, Lloyd's, RIC, European Commission, Thomson Locations: Bosnia, Herzegovina, Luxembourg, Russia, United, Moscow, Turkey, Ukraine, London, Germany, Belgium, Spain, Netherlands