Perhaps even more important than barriers of physical access and eligibility are barriers of affordability. These issues seem to be particularly important in Latin America and the Caribbean, where 40 percent of non-account-holders report that formal accounts are too expensive. Worldwide, reducing withdrawal charges and balance fees could make formal accounts more attractive to more than 500 million adults who are without one. Again, these statements are meant to be indicative, not causal, and further analysis is required. Whether in response to these barriers or for other reasons, many people use infor- mal methods to save money or make payments as.
