I don't know about the OP's actual banking needs, but in many cases your choices narrow considerably depending on what services you want. Its a little naive to

I don't know about the OP's actual banking needs, but in many cases your choices narrow considerably depending on what services you want. Its a little naive to think "but you can just have banking redundancy", I mean you're right if you are running a very simple business (ie. lemonade stand). However once your requirements become: Need presence in County A, B, C in Currencies A and B with integrations to Partner X, Y, and Z your choices get really really tiny. Banks are monopolistic for a reason.