LEI-SEARCH.INFO

WE MAKE IT PLAIN AND SIMPLE WHAT TO LOOK FOR AND WHICH LEI CODE PROVIDER TO CHOOSE

LEI-Search.info offers insightful information about Legal Entity Identifier providers. Since there are many LEI number providers in the market, it is fairly difficult to choose the right LEI code provider when knowing nothing about choosing the most suitable one for one's needs. This webpage solves the problem for people who are in a need of buying an LEI code and do not have time for making the research themselves.
LEI-Search.info brings out the most important parameters about the Legal Entity Identifier providers currently in the market, such as LEI price lists, payment methods, website language and the average estimated processing time of the LEI number.
LEI-Search.info also offers a LEI search function, where it is possible to check Legal Entity Identifier code's validity or to check other companies owning LEI numbers for transparency related reasons. LEI search application can be found from the LEI Lookup subpage.


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Here are the best LEI Providers for (LEI prices are shown without VAT):

LEI Provider Language Average Processing Time Registration Price From 1-Year Registration Price Renewal Price From 1-Year Renewal Price Payment Methods
Registre LEI French Fast* EUR 45 EUR 59 EUR 45 EUR 59 Bank Transfer, Credit Card, Paypal
EQS French Average* EUR 49 EUR 49 EUR 69 EUR 69 Bank Transfer, Credit Card
FranceLEI French Average* EUR 55 EUR 89 EUR 65 EUR 65 Credit Card, Paypal
GS1 French Slow* EUR 89 EUR 89 EUR 59 EUR 59 Bank Transfer, Credit Card
Insee French Slow* EUR 120 EUR 120 EUR 50 EUR 50 Bank Transfer
Bloomberg English Average* EUR 59 EUR 59 EUR 45 EUR 45 Credit Card
RapidLEI English Fast* EUR 75 EUR 100 EUR 85 EUR 85 Credit Card
LEI Worldwide English Average* EUR 75 EUR 135 EUR 70 EUR 119 Bank Transfer, Credit Card, Paypal
Bundesanzeiger Verlag English Average* EUR 80 EUR 80 EUR 70 EUR 70 Bank Transfer, Credit Card
WM Datenservice English Average* EUR 80 EUR 80 EUR 70 EUR 70 Bank Transfer, Credit Card, Paypal
*Fast processing time is less than 24h
*Average processing time is from 24h to 48h
*Slow processing time is more than 48h

*The architecture of the default sorting of the table is based on the following column logic:
  1. Language
  2. Registration Price From
  3. Average Processing Time

Guidelines for Choosing the LEI Number Provider

It is important to assess the following elements when choosing the right Legal Entity Identifier provider:

The price of an LEI number

LEI price is often not tied to a better customer service experience nor to the quality of service overall. LEI code is just a valuable tool for legal entities participating in financial transactions which is used in reporting to financial regulators. Higher priced LEI number functions just as well as lower priced LEI number, hence the pricing differences between the Legal Entity Identifier providers have nothing to do with a better functioning product.

Estimated average processing time

Not all Legal Entity Identifier service providers process LEI codes at the same pace. For some service providers it takes longer to process an LEI number and for some it goes fairly quick. LEI number processing time depends entirely on the structure of an organization and therefore shows the overall quality towards satisfying customer's needs. The faster the LEI code processing time is, the better the quality of service the organization can offer.

User experience

The Legal Entity Identifier's registration or renewal process is a fairly easy procedure and should not take an enormous amount of time of filling out endless amounts of blank forms or downloading PDF files in order to reach to the next step. The service provider who offers the most simplistic LEI code registration is clearly a winner here. The compulsory information that the LEI number provider needs to know should be the following: Legal Entity name, Company ID, Entity address, City, Postal code, Applicant first and last name and an e-mail address.

FAQ

What is an Legal Entity Identifier?

Legal Entity Identifier is an alpha-numeric code which is necessary for the Legal Entities who wish to participate in financial transactions in the European financial markets. 

How to obtain an LEI code?

LEI code is issued by the GLEIF accredited Local Operating Unit (LOU) who is responsible for LEI number registration, renewal and data validation. LOU can partner with a Registration Agent to further accelerate the LEI number registration process.

How to choose the right LEI code provider?

Choosing the right LEI code provider is a subjective matter. However, the key factors to pay attention to are the prices for LEI registration/renewal and the LEI processing time (LEI receival time). Lower priced LEI is just as good as higher priced LEI.

What is LEI-Search.info all about?

LEI-Search.info brings all the LEI providers to one platform and offers a convenient comparison tool by covering the most important aspects of LEI number and the LEI providers for a customer interested in purchasing one. 

What is the LEI Search application?

The LEI Search application offers a way to check your LEI code validity. It also provides a valuable tool to check potential business partners' LEI number for transparency related reasons.

The LEI Search application can be found here.

Why are there so many LEI number providers?

There are exactly as many LEI number providers as there is a demand for them. Some Legal Entity Identifier providers offer multiyear LEI registration/renewal packages and some offer fast LEI processing time. There are various options available that best fit the customers' needs.

LEI-Search.info helps to facilitate the process of choosing the most suitable LEI number providers for customers.

Am I obliged to use an LEI provider from my own country?

No, Legal Entities are free to choose their own favourable LEI number providers based on their own preferences and the LEI number costs. 

 

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