Chinese Banks Directed to Remove Iran Curbs

Following the efforts of Iranian Embassy in Beijing for resolving the banking issues of Iranian nationals in China, officials of the East Asian nation have notified the Iranian Embassy that a directive has been sent to all Chinese banks urging them to offer all banking services to Iranian nationals and drop the previous restrictions, the embassy has announced. Chinese officials have also reportedly explained that the directive has been sent to the head branch of each bank, therefore it may take a while until all the branches are notified and start implementing the directive, IRNA reported. The Iranian Embassy in Beijing has also vowed to follow up on the issue, until it is totally and satisfactorily resolved.