Transfer your LEI code under our management and get a free digital LEI certificate (PDF).
Transferring an LEI code is free. LEI transfer is the movement of an LEI code from one LEI manager to another. LEI codes can be transferred to provide clients a choice between service providers. The transfer is a back-end process which does not change the LEI code. The LEI code is universal and globally valid.
If your LEI needs renewing you can transfer and renew your LEI at the same time. You will only need to pay the renewal fee. If you order the LEI renewal for multiple years, you will get the digital LEI certificate for free for the chosen renewal period. Our renewal prices are among the lowest on the market. You can consult the LEI renewal prices
here
Please note that the hardcopy of the certificate costs extra: ₹499 +18% GST = ₹588.82
Your LEI Questions Answered
FAQ
Explore the most common questions about LEI codes, their importance, application process, renewals, pricing, and more to simplify your LEI management.
Understanding LEI codes
A Legal Entity Identifier (LEI) is a unique 20-character alphanumeric code used to identify legal entities involved in financial transactions. It promotes transparency and accountability in the global financial system.
LEI codes are required by regulatory bodies like the RBI and SEBI to improve financial supervision, ensure compliance, and promote stability in financial markets. They are essential for businesses involved in loans, trading, or financial transactions.
Any organization involved in financial or securities transactions, such as trading, loans, or derivatives, requires an LEI code. It enhances trust, promotes transparency, and simplifies regulatory reporting.
No, LEI codes are issued only to legal entities such as companies, financial institutions, trusts, and funds, not to individuals.
The Global Legal Entity Identifier Foundation (GLEIF) oversees the LEI system worldwide, ensuring standardization and data accuracy. Local Operating Units (LOUs) are authorized organizations responsible for issuing and managing LEI codes. Registration Agents, like LEIKart, act as intermediaries, simplifying the LEI application and renewal process by coordinating with LOUs on your behalf. Together, these entities ensure the global recognition and efficiency of the LEI system.
Managing LEI codes
LEI codes must be renewed annually to remain active and compliant. However, if you choose a multiyear plan with us, we’ll take care of renewing your LEI for the selected duration. This ensures your LEI stays up-to-date without any hassle, giving you security and ongoing compliance.
If you forget to renew your LEI code, it becomes inactive, which may disrupt transactions or compliance requirements. However, you can always renew an inactive LEI code at any time to restore its active status. We make the renewal process simple and efficient.
Yes, annual renewal is required regardless of changes to entity details. This ensures your code remains active and compliant.
Yes, you can transfer your LEI code to LEIKart. Transferring your LEI to LEIKart is simple and comes with added benefits like cost-effective renewal options and better management tools.
Yes, all LEI-related data is published in a global database and accessible to the public for enhanced transparency and trust in financial markets.