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I don't really see the problem with this to be honest.
The Netherlands Antilles is one of the places where one can obtain a banking license (easier as in the US for example).
So instead of using a bank they decided to start their own. Paypal has their own bank license as well. It gives great advantages for financial institutions like epassporte.
By the way several banks in the Netherlands Antilles (like the ORCO Bank on Curacao) isn't connected to the international SWIFT system, therefore they use intermediary banks which is quite common actually.
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