How to check if a bank is legit

I just Googled "COT code", and you probably won't like it.

The C.O.T. code stands for Cost of Transfer, which is allegedly needed to complete questionable international wire transfers, but please be wary, as this is most likely a scam.

All banks have a substantial online presence.

Also all banks must be registered. For example, here is the list of banks and financial institutions in my country.

If either of the above are not true then the "bank" is unquestionably a scam.

• There is no legitimate reason for anyone to send money to you at a bank you don't have an account at
• There is no legitimate bank that is going to ask you to pay money in order to access money you have there. They might charge a fee for the transfer but that would come out of the transferred funds.
• No legitimate bank is going to ask you to make payments to a bitcoin wallet

You could certainly spend time and effort looking up a bank with the regulators of whatever country the bank operates in. And if there is a legitimate bank by that name, then spend time and effort trying to determine whether the people you're talking to actually associated with that legitimate bank. But given the hallmarks of a scam, it isn't worth the effort.