Are you looking for LEI Code Registration in India?
Accountum India provides reliable and hassle-free services for Legal Entity Identifier (LEI) Registration across India.

A Legal Entity Identifier (LEI) is a unique 20-character alphanumeric code used to identify legal entities participating in financial transactions worldwide. It is recognized under the Global Legal Entity Identifier System (GLEIS) and is widely used by banks, financial institutions, and regulatory authorities.

What is Legal Entity Identifier (LEI) Registration?

A Legal Entity Identifier (LEI) is a unique 20-character global identification number assigned to legal entities participating in financial transactions. The LEI is issued by a Local Operating Unit (LOU) accredited by the Global Legal Entity Identifier Foundation (GLEIF).

The primary purpose of an LEI is to identify and track entities in the global financial system, ensuring transparency, risk management, and secure financial transactions. Financial institutions, regulators, and banks use LEI codes to verify the identity of companies involved in financial markets and securities transactions.

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Importance of LEI Code

• Provides global recognition to your business entity

• Enhances financial transparency and credibility

• Mandatory for participation in financial markets and securities trading

• Helps regulators monitor financial transactions effectively

As per international regulations like MiFID II, all legal entities involved in securities trading must have an LEI Code.

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LEI Mandatory Requirement in India

As per RBI guidelines (Notification No. RBI/2020-21/82):

• LEI is mandatory for banking transactions above ₹50 Crore

• Applicable for transactions such as RTGS, NEFT, IMPS, and other fund transfers

• Already mandatory for OTC derivatives and non-derivative transactions

Additionally, RBI has made LEI compulsory for entities having total credit exposure of ₹5 Crore or more (fund-based and non-fund-based).

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Who Needs LEI Registration?

• Companies (Private & Public Limited)

• LLPs & Partnership Firms

• Proprietorship Firms

• Trusts & Societies

• Entities dealing in forex, derivatives, and financial markets

• Businesses with high-value banking transactions

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Benefits of LEI Registration

• Helps banks track credit exposure of borrowers

• Prevents multiple financing against same collateral

• Improves trust and transparency in financial dealings

• Required for smooth global and domestic transactions

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Documents Required for LEI Registration

• Certificate of Incorporation (for Companies)

• GST Registration Certificate (if applicable)

• PAN Card of Entity

• Details of Directors/Partners

• MOA & AOA / Partnership Deed

• Aadhaar & PAN of Directors/Partners

• IEC Code (if GST not available)

• Mobile Number & Email ID

• Indemnity Bond (format provided)

• Latest Audit Report (if applicable)