Several Chinese banks, including a branch of the country’s largest Industrial and commercial Bank of China (ICBC), has frozen the accounts belonging to the North Koreans. On that Sunday, February 22, according to Reuters.
As noted Rambler News Service, a staff member of the office of ICBC in the city of Dandong told in a telephone conversation with representatives of the South Korean newspaper Dong-A Ilbo that the operation for all accounts, including remittances, were suspended in December 2015.
“Sure, we were not told about the reasons of such measures, but I think they are related to strained relations between North Korea and China,” a source told the newspaper.
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