The United States, Canada, Britain, and Europe on Saturday agreed to block Russia's access to the SWIFT international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine.

The measures, which will also include restriction on the Russian central bank's international reserves, will be implemented in the coming days, the nations said in a joint statement.

"We commit to ensuring that a certain number of Russian banks are removed from SWIFT," Ursula von der Leyen, president of the European Commission, the European Union's executive, said in a statement to the media.

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"This will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally."

In coordination with