Common use of LEI Clause in Contracts

LEI. An identifier that identifies distinct legal entities that engage in transactions on the financial markets. LEI is an abbreviation of Legal Entity Identifier. An LEI has 20 characters and is based on the ISO 17442 standard.

LEI. An LEI is an identifier that identifies distinct used to identify legal entities that engage operate in transactions on the financial markets. LEI is an abbreviation of acronym for Legal Entity Identifier. An LEI has 20 characters and is a 20-character identifier based on the ISO 17442 standard. To issue an order, a customer that is a legal entity must have a valid LEI and must have notified the Bank of it. With regard to private persons, the Bank requires customers to provide the Bank with necessary information about their nationalities and all other required details. If an authorised representative is acting for the Customer, the same information must be provided about the authorised representative.