The LEI is 20 alphanumeric character wherein the first four (1-4) characters are unique to each LOU, Character five and six (5-6) are reserved characters. ie: 00
The next twelve characters from 7 to 18 are assigned by the LOU to the entity and the last two characters are digits under (International Standards Organization) ISO 17442
Overall, adopting LEI is an extra check to ensure the trust in business relationships
The Reserve Bank of India mandated the implementation of the LEI system for all participants in the Over-the-Counter (OTC) markets that are Rupee Interest Rate derivatives, foreign currency derivatives and credit derivatives in India.
Whether you are private or public organization,
documentation with us in most cases is just "A Letter of
Authorization" (LOA) to issue a LEI number.
"We believe in simplicity"
The process to apply for LEI number is as simple as you order your favorite things online. Just choose your package and enroll your company details and get LEI issued in less than 24* hours.
