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North Korea’s sad ATMs aren’t dispensing any cash

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A man and woman stand at a counter next to a Ryugyong Commercial Bank automated teller machine at the Sunan International Airport in Pyongyang, North Korea. Photo: AP

No modern airport terminal is complete without an ATM, and Pyongyang’s now has two. But they don’t work — because of new Chinese sanctions, according to bank employees — and it’s not clear when they will.

ATMs are an alien enough concept in North Korea that those in the capital’s shiny new Sunan International Airport have a video screen near the top showing how they work and how to set up an account to use them. The explanatory video is in Korean, but the machines, which are meant primarily for Chinese businesspeople and tourists, don’t give out cash in the North Korean currency.

ATMs are not entirely new to the North.

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Years ago, the Ryugyong Commercial Bank installed one in a mid-range tourist hotel in central Pyongyang frequented by Chinese. Another ATM was spotted at the airport last year, but it never appeared to be turned on. Additionally, customers who flash the bank’s gold or silver ATM cards at two upscale stores that sell a wide array of imported foods and luxury items qualify for discounts.

How much North Korea’s ATMs have actually been used is a matter of debate.

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Travellers wait at Pyongyang airport. Photo: AFP
Travellers wait at Pyongyang airport. Photo: AFP
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