Glossary / Also known as

LEI code

Another name for Legal Entity Identifier (LEI).

Other names

What does LEI code mean?

LEI code is another name for Legal Entity Identifier (LEI). A unique 20-character alphanumeric code that identifies legal entities participating in financial transactions globally.

The two names mean the same thing. You will see "LEI code" in some ledgers, reports and contracts and "LEI" in others. The full entry covers how it works, with examples.

Read the full definition of Legal Entity Identifier (LEI)

Topics

From the glossary

Related terms.

Trade and foreign exchange Legal Entity Identifier (LEI) A unique 20-character alphanumeric code that identifies legal entities participating in financial transactions globally. Also called LEI code, LEI number Vendor onboarding KYC (Know Your Customer) The mandatory identity verification process used by financial institutions and businesses to confirm client identities and prevent fraud. Also called know your customer checks, KYC verification, customer due diligence Trade and foreign exchange Anti-Money Laundering (AML) Regulations and processes to detect, prevent, and report money laundering activities in the financial system. Also called anti money laundering, PMLA compliance Trade and foreign exchange FDI Policy India's regulatory framework governing the entry, routes, sectoral limits, and conditions for Foreign Direct Investment. Also called foreign direct investment policy, FDI rules, consolidated FDI policy Company law and governance Companies Act, 2013 The primary legislation governing the incorporation, management, and dissolution of companies in India. Also called Companies Act 2013, the Companies Act Trade and foreign exchange Letter of Credit (LC) A bank-backed guarantee that a seller will get paid - the backbone of international trade when buyer and seller don't know each other. Also called documentary credit, L/C

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