Definition of unbanked in English:

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Pronunciation: /ˌənˈbaNGkt/


Not served by a bank or similar financial institution: we know from our own research that there are still 250,000 people in the country who are unbanked
More example sentences
  • If the government steps aside, a free market will continue to reach out and draw the unbanked into the financial mainstream.
  • The FDIC program demonstrates that unbanked Latin American immigrants can be brought into the financial mainstream.
  • These branches will afford the unbanked population with affordable minimum bank balance accounts that currently are unobtainable from most commercial banks.
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