Nguyen Aquino

I'd argue that for larger, more established corporates, a dedicated bank account still carries more weight in terms of perceived stability and reputation, particularly with international partners. There's a certain trust factor that comes with a direct banking relationship that VIBANs, despite their efficiency, might not fully replicate. It really depends on the scale and nature of the business.

Are the privacy concerns truly greater than other forms of identity verification? Passwords can be phished, physical IDs stolen. Biometrics, when implemented well, offer a different kind of security.

Agreed on the multi-currency holding benefit. It simplifies so much for international businesses. The main con I've encountered is the occasional lack of advanced lending or complex treasury services that banks offer.