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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 15045
Experience:  15years with H & R Block. Divisional leader, Instructor
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How much to pay of getting COT CODE to the world bank?

Customer Question

How much to pay of getting COT CODE to the world bank?
Submitted: 1 year ago.
Category: Tax
Expert:  Robin D. replied 1 year ago.


There is no COT Code. Usually a stranger will tell someone that they will send them money but, all of a sudden this code is required. These generally are in relation to a wire transfer.

Did you start this transfer of funds or did someone contact you first?

International bank money transfers use either an IBAN or the current ISO 9362 Bank Identifier Code system (BIC or SWIFT code) in conjunction with the BBAN. They do not use a COT code.

Expert:  Robin D. replied 1 year ago.

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