If you already have an LEI code but it is currently managed by another service provider, you can transfer it to LEI System.
An LEI transfer is an administrative procedure that does not change your LEI number or your company data. You only pay for the LEI renewal based on the selected period (1, 3, or 5 years).
An LEI (Legal Entity Identifier) is an international identifier for legal entities used in financial transactions and regulatory reporting.
An LEI transfer means moving the management of your existing LEI code to LEI System.
During the transfer process:
the LEI number does not change
the company data is verified
only the service provider managing the LEI changes
LEI System offers:
competitive pricing for LEI renewal
a clear and transparent process
support throughout the entire transfer and renewal process
LEI management in accordance with GLEIF requirements
uninterrupted LEI validity
LEI transfer allows you to manage and renew your LEI code through us going forward, without additional intermediary steps.
After the transfer is completed, we will send you your company data for review and confirmation.
After confirmation, we proceed with the LEI renewal, which usually takes up to 24 hours.
LEI renewal is carried out within the 60-day window defined by GLEIF prior to the LEI expiry date.
In both cases, the new validity period is added to the current one and starts from the existing expiry date.
NB! The amount already paid for the current LEI validity year is not lost.
The LEI transfer itself is an administrative procedure and does not involve an additional fee.
You only pay for the LEI renewal based on the selected period.
Renewing the LEI within the 60-day window does not affect the amount already paid for the current validity year.
Time and money already paid for the current LEI year are not lost.
If you have previously prepaid multiple years with another service provider, those prepaid periods cannot be transferred as part of the LEI transfer.
This is a rule defined by the GLEIF system and applies uniformly across all service providers.
The new validity period is always added to the end of the current validity period.
In accordance with GLEIF rules, LEI validity is renewed in the LEI database and company registry data is verified once per year.
LEI renewal means extending the validity of your LEI with the current service provider.
LEI transfer with renewal means that LEI management is first transferred to LEI System and then the renewal is carried out.
The LEI number does not change, and the entire process is simple for you — we handle the technical and administrative aspects on your behalf.
If you would like to learn more about LEI pricing, validity periods, and available options, please read our detailed guide: LEI-related costs.
Transferring your LEI number to our management is simple and completely free with LEI System. All you need to do is enter your entity’s registration number and verify your information. The transfer process typically takes around 7 business days to complete. Please note that transfers generally take longer to process, and this is standard across all service providers within the LEI system.
LEI System offers LEI code renewals at a very competitive price. By choosing a longer renewal period, you can enjoy additional savings and avoid the hassle of renewing your LEI each year.
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