If the Beneficiary name is the same as their company name, is that usually a sign that they are legit?
Example:
Say you buy shoes off a company called Nike so their T/T details are like this:
Bank Branch Name: Shenzhen Branch
Beneficiary name: Nike Limited
This is just en example but you know what I mean. Most of the time you can tell they are fake because their company is called 'Nike' and their Beneficiary name is their personal name, not their company name.