Financial Inclusion for Inmates: Fiji Corrections Service Collaborates with Reserve Bank of Fiji

In a progressive step toward supporting the reintegration of former inmates into society, the Fiji Corrections Service (FCS) has initiated discussions with the Reserve Bank of Fiji to address financial inclusion challenges faced by ex-offenders. FCS Commissioner Dr. Jalesi Nakarawa met with Mrs. Wati Seeto, the Financial Services Ombudsperson, to explore solutions for enabling inmates to access essential banking services while incarcerated and upon release.

While the FCS actively promotes financial independence for inmates who on paid employment through its incarceration funds management initiatives, stringent banking requirements often hinder the opening of bank accounts to facilitate payment. This gap leaves them vulnerable and limits their ability to receive funds, manage expenses, and establish financial stability—key elements for successful reintegration.

During the meeting, Mrs. Seeto expressed her commitment to collaborating with local banks to create conditional requirements tailored to the unique circumstances of ex-offenders. She emphasized the importance of fostering an inclusive banking environment that balances accessibility with necessary security measures.

In addition to addressing banking access, Mrs. Seeto highlighted her willingness to introduce financial literacy classes for inmates prior to release. These tailored sessions will provide critical knowledge on managing personal finances, understanding banking processes, and making informed financial decisions, equipping inmates with skills essential for rebuilding their lives.

Commissioner Nakarawa underscored the significance of this initiative:

“Ensuring that former inmates can access financial services is a vital step in their reintegration journey. We are grateful for the support of the Reserve Bank of Fiji and Mrs. Seeto in recognizing this need and taking action to address it. Financial literacy and banking access will empower ex-offenders to rebuild their lives and contribute positively to society.”

The collaboration between the Fiji Corrections Service and the Reserve Bank of Fiji signals a unified commitment to addressing systemic barriers and fostering rehabilitation. Together, they aim to create a more inclusive society where all individuals, including former inmates, have the tools and opportunities needed to thrive.