Two Chinese banks have received formal letters warning them of possible secondary sanctions for holding Iranian money through their accounts, US Treasury Secretary Scott Bessent said.

“Two Chinese banks have received letters from the US Treasury Department,” Bessent said. RIA “Novosti”.

The head of the US Treasury Department emphasized that the names of the banks were not disclosed. He stated that the US Treasury Department has data on Iranian money transfers through their accounts and expressed readiness to impose secondary sanctions on these structures.

As VZGLYAD newspaper wrote, Washington is closely monitoring the movement of funds related to Iran’s leadership, and is ready to confiscate them if necessary. The US Treasury issued a formal warning to banks from Oman, UAE, Hong Kong and China with the threat of secondary sanctions for cooperation with Iran.