Well, you don't bank where your business is (and live and work someplace different that those two). Set up the corp in Isle Of Man, but bank somewhere else, Cyprus or Hong Kong, for example. Just find a place that is not rolling over and giving up their clients.
Are you going to run a whore house or set up a corp? If the later, you will set up a corp and you do not have to list you are in adult. Multimedia works fine. Then set up the bank elsewhere, under the same line of work. Never a problem with this.
HOWEVER, if you are planning on having your own merchant account, and billing to adult names and/or are unable to be discreet about it, then you may have some problems. Check Cyprus for the corp, as I've heard they are fairly adult friendly. There are others, you just need to do your due diligence. If you are going to be in the open about it, I'm not sure about Isle Of Man or not.
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