The Virgin Islands, often called the British Virgin Islands (BVI), is a British overseas territory located in the Caribbean to the east of Puerto Rico. Link to external site : Website for British Virgin Islands |  |
| Wallets | |
| Development | Secondary Emerging |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
839.70 Register/Log In |
| HDI classification | Unknown |
| Mobile Connections (m) |
0.027 Upgrade to Bronze |
| Currency | USD |
| Class | |
| CountryISO | VG |
| Sovereignity | Other terrirory |
| Territory of | UK |
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{"type":"PieChart","data":[["Operator","Connections"],["Caribbean Cellular Telephone",21476],["LIME (Cable & Wireless)",3243],["Digicel",2738]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",3530],["Q4 2001",5840],["Q4 2002",8467],["Q4 2003",11260],["Q4 2004",14000],["Q4 2005",16111],["Q4 2006",17747],["Q4 2007",19093],["Q4 2008",21323],["Q4 2009",22936],["Q4 2010",24482],["Q4 2011",25915],["Q4 2012",27129],["Q4 2013",28172],["Q4 2014",29089]],"options":{"title":"Connections"}}
| Channel Analysis |
No data to report Upgrade to Bronze |
| COT Analysis |
No data to report Upgrade to Bronze |
| Persona Analysis |
No data to report Upgrade to Bronze |
| Products |
No data to report Upgrade to Bronze |
| PI Analysis |
No data to report Upgrade to Bronze |
| Central Bank |
Central Bank Website for British Virgin Islands Register/Log In |
| Key Regulations | |
| Type of law |
Common Upgrade to Bronze |
| Legal System |
English common law Upgrade to Bronze |
| Law is based on |
Based on English common law Upgrade to Bronze |
| Approach |
Allowed Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent |
Banco Interamericano de Desarrollo asscon allowed supermarkets, small retail to offer BB and fin services Upgrade to Bronze |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",103.04],["Banked",44],["Internet",57.6],["Urban",40],["Adult",80],["Literate",97.8]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 0.02 |
| Adult % | 80.00 |
| Migrants % |
34.00 Register/Log In |
| Stock Immigrants ('000) | |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 40.00 |
| Female % | 0.00 |
| Literate % | 97.80 |
| Annual Growth % |
| Mobile Penetration % | 103.04 |
| Banked % | 44.00 |
| Access to FS % | 0.00 |
| Internet % | 57.60 |
| Branches per 100k adults | 0.00 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 87.30 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 0.01 |
| Monthly ARPU |
12.18 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Medium Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets |
FirstCaribbean Intl Bank Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |