- The current sub-regional average is 54 per cent of adults having an account. This is just under the average for the whole region.
- While close to one out of five adults receives domestic remittances, only less than one third of recipients use accounts to receive remittances despite the uptake of mobile money in several countries of the sub-region.
- Some governments have recognized the importance of remittances and introduced a number of coordinated measures to harness them. Two good examples are the Pakistan Remittances Initiative and the efforts of the Government of Bangladesh to reduce the levels of informality.
Account ownership among the adult population +15 year old (%) Sources: Findex survey 2017 (Pacific region countries not available)
Adult population receiving domestic remittances and patterns to receive money
|Average adult population receiving domestic remittances (%)
|In person and in cash (%)
|Over the counter(%)
|Through a financial institution (%)