Overview
The Legal Entity Identifier (LEI) is a 20-character global code that uniquely identifies parties to financial transactions. The RBI mandates LEI for large-value transactions, certain borrowers and cross-border remittances.
CorpRaasta files your LEI application with an accredited issuer and manages the annual renewal so your transactions are not held up.
What is Legal Entity Identifier (LEI)?
An LEI is a globally unique 20-character code, issued under the GLEIF system, that identifies a legal entity participating in financial transactions.
Who needs it
Companies with large borrowings (per RBI thresholds)
Entities making high-value cross-border remittances
Participants in OTC derivative and money markets
Businesses asked by banks to provide an LEI
Documents required
Certificate of incorporation / registration
PAN of the entity
Authorised signatory details
Board resolution / authorisation
Latest financials (if requested)
How it works
01
Prepare application
We compile entity and signatory details.
02
File with issuer
The LEI application is filed with an accredited LOU.
03
Verification
Entity reference data is verified.
04
LEI issued
Your 20-character LEI is granted.
Benefits
Meets RBI requirements for large transactions
Globally recognised entity identification
Smoother large-value and cross-border payments
Enhanced transparency and credibility
Single ID accepted across financial systems
HOW CORPRAASTA HELPS
What we do for you
LEI application with an accredited issuer
Annual LEI renewal management
Guidance on RBI applicability thresholds