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Montserrat

No Open Banking

A British Overseas Territory located in the Carribean Sea.

According toĀ Kepios, 59% of Grenadians had access to the internet at the beginning of 2022.

Montserrat is a British Overseas Territory. Crown Dependencies and British Overseas Territories do not come under theĀ Competition and Markets Authority (CMA) order; therefore, the Open Banking Implementation Entity (OBIE) does not have any mandate or remit over them. However, the UK Open Banking Standard is completely open for anyone to use. OBIE has also built a separate domain for Crown Dependencies within the commercialĀ Tech DirectoryĀ onboarding platform.

The Eastern Caribbean Central bankĀ has created its own form of digital currency meant to help speed transactions and serve people without bank accounts. It is the first such blockchain-based currency introduced by any of the worldā€™s currency unions, though some individual nations have similar existing systems.