Is a COT fee normal for transferring funds in an inheritance?

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1193770

2026-08-04 10:30

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Yes, a COT (Cost of Transfer) fee can be normal when transferring funds in an inheritance, as it covers administrative costs associated with processing the transfer. These fees may vary depending on the financial institution or the specific terms of the estate. It's advisable to review the estate's documentation and consult with the executor or a legal professional to understand any applicable fees.

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