Yes, I agree with your last thought in full .I think Capital Security Bank seems OK based on what I’ve read about them here, but I would say that the option mentioned above seems like a safer solution – if we can even talk about bank security at all these days.
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).