Yes, I agree with your last thought in full 🙂 🙁.
Just adding ”“ I forgot to mention it above ”“ that even when there (I mean at British Crown Dependencies) is a possible problem with mutual communication (as of very different timezones) as @Sols has pointed out here https://www.offshorecorptalk.com/threads/private-bank-recommendations.46161/post-321840; the bankers there will not (IMO) look at the Vanuatu citizen and resident with the same prejudice as e.g. their CH/LI colleagues, they are more accustomed to clients from “exotic” jurisdictions (of course, Vanuatu seems exotic perhaps for Europeans as well as Monaco can be exotic for Vanuatuans).
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...