I can understand that marketing message making sense and appealing to.. some people; I am surprised to see it on HN though.
This is like buying vegetable & olive oils from BP or Shell because they're oil experts looking for new income streams as we shift away from petroleum.
When shit hits the fan the bank will be like: "The storage was actually a service we nearshored to Romania and Belarus. Part of your stuff is lost, part of it had leaked. We can offer insurance lump sum of €3.64 for your loss. You consented to all the risks on the page 475 of T&C which we sent by post".