The fastest way to get an LEIA guide to getting Legal Entity Identifiers in the fastest way possibleIf you are transacting in the global financial system, you will more than likely be required to obtain a Legal Entity Identifier (LEI).
LEI Worldwide are very happy to let you know that 90% of our LEIs are confirmed within a three hour period. However, this depends on a number of factors. If you are like most people, and generally require your LEI codes in a hurry this post is for you. |
Need an LEI urgently?
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Compliance can be tricky in todays financial ecosystem. There are a lot of boxes to be ticked, lines to be crossed and things can often get left to the last minute.
At LEI Worldwide, we know all about that. We understand the pressure companies like yours are placed under to report LEI numbers to allow a deal to go through, or to find out last minute that a trade has been blocked because of a lapsed LEI - sound familiar? If so, that is why we are here. We have helped hundreds of individual firms, security traders, asset managers, law firms and investment brokers obtain LEIs on behalf of their clients, pretty much instantly. We know the inner workings of the LEI system and how to ensure LEIs are issued in minutes, not days. |
Our experience and knowledge of the LEI system allows us to expedite LEI applications. Our system is powered by the RapidLEIs software. This means no more waiting hours or days for your LEIs to be published!
However, data quality is of utmost importance when registering LEIs. All data must be verified before being published to the global LEI index. This can sometimes cause delays. So, if your team require LEIs urgently due to unforgiving deadlines, find below our list of the 5 main things you can do to avoid any delays. |
In a hurry?
1. Data Verification
Have a legal document ready in case requested, such as a Certificate of Incumbency / proof of address (in the case that the entity cannot be found on a public registry we will need to be sure that everything is correct). What documents are accepted?
2. Authorisation
LEIs should be applied for on behalf of a director / CEO, so please be aware that you may be asked to provide authorisation by way of a 'Letter of Authorisation'. Just contact [email protected] for the template to save time and have it ready in advance.
3. Fast track
Use the Fast Track service. As we operate on a queue basis, 'Fast Track' ensures your application will be prioritised by our team. Just check the appropriate box on the transaction page.
4. Business Hours
Applying on weekends or outside business hours - expect delays. Despite the modern advancements in automation systems, LEI applications still need to have the data checked by an actual real life human before being published. See how long it takes to get an LEI Code by country here.
5. Be available!
Mistakes happen.. If you have input incorrect data in your application we may contact you to correct it. We may not be able to have the LEI issued without hearing from you - so leave your best email address in the contact box!
This means manually confirming the data is accurate by cross checking with existing public records. We work on weekends, but not everybody does, so you may encounter set backs on Saturdays or Sundays. Try applying early on a Monday morning for instant replies (the team will thank me for that).
Have a legal document ready in case requested, such as a Certificate of Incumbency / proof of address (in the case that the entity cannot be found on a public registry we will need to be sure that everything is correct). What documents are accepted?
2. Authorisation
LEIs should be applied for on behalf of a director / CEO, so please be aware that you may be asked to provide authorisation by way of a 'Letter of Authorisation'. Just contact [email protected] for the template to save time and have it ready in advance.
3. Fast track
Use the Fast Track service. As we operate on a queue basis, 'Fast Track' ensures your application will be prioritised by our team. Just check the appropriate box on the transaction page.
4. Business Hours
Applying on weekends or outside business hours - expect delays. Despite the modern advancements in automation systems, LEI applications still need to have the data checked by an actual real life human before being published. See how long it takes to get an LEI Code by country here.
5. Be available!
Mistakes happen.. If you have input incorrect data in your application we may contact you to correct it. We may not be able to have the LEI issued without hearing from you - so leave your best email address in the contact box!
This means manually confirming the data is accurate by cross checking with existing public records. We work on weekends, but not everybody does, so you may encounter set backs on Saturdays or Sundays. Try applying early on a Monday morning for instant replies (the team will thank me for that).
To apply for your own LEI or on behalf of a legal entity, please select the option from the buttons below.
