An LEI (Legal Entity Identifier) is a unique 20-digit global identification number issued to companies and legal entities engaged in financial transactions.
LEI is mandatory for all businesses that participate in cross-border payments, securities trading, derivatives, forex transactions, mutual funds, corporate borrowing, and international trade.
Issued under the Global Legal Entity Identifier Foundation (GLEIF) system, an LEI number helps regulators and financial institutions identify entities involved in financial transactions, improving transparency and reducing fraud worldwide.
