unbank in a sentence
v. t.
Definition
Unbank (verb): To withdraw from traditional banking systems and services, often opting for alternative financial methods or decentralized options.
Sample Sentences
- Many people in rural areas feel the need to unbank themselves due to the lack of access to traditional banking services.
- The rise of digital currencies has encouraged some consumers to unbank and rely on decentralized financial systems.
- To unbank means to reject conventional banking methods in favor of alternative financial solutions.
- Activists argue that unbanking can empower individuals who have been marginalized by the traditional banking system.
- In response to high fees and poor service, more young adults are choosing to unbank and utilize mobile payment apps instead.
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