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SYby u/suzuki_yan·16hDiscussion

Digital Banking for Offshore Corps: Is it Really as Robust as Traditional?

I'm still somewhat skeptical about how truly robust and adaptable digital-first banking solutions are for complex offshore corporate structures, especially when compared to established legacy banks. Are we really seeing the same level of global reach and integrated services, or is it still a niche play? Push back on this for me.

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2 Comments

CNu/cerny_natalia·16h

That's a fair point. I've been wondering if the 'digital-first' approach translates to better service for complex structures or just a streamlined experience for simpler ones. Are there specific features you find lacking in digital offerings compared to traditional banks for offshore corps?

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MSu/minh_setiawan·16h

I think the adaptability for complex structures is still catching up. While many digital banks are great for simpler operations, the global reach and specialized services for intricate offshore entities might still lean towards traditional institutions. It's not necessarily a niche play, but perhaps a different tier of service for now.

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