Terms & Conditions

About United LEI

LEI, INC (LEI number 984500FELECM64Z8T952), registered in the United States of America operates in the United Kingdom under the brand name United LEI. 

LEI, INC is an American data processing company that specializes in processing and disseminating information in connection with LEI (Legal Entity Identifier) registrations on behalf of companies or legal entities. Global LEI database is handled by GLEIF (Global Legal Entity Identifier Foundation), which is a supranational non-profit organization headquartered in Basel. The issuing of LEI numbers, on behalf of GLEIF, is done by accredited LOU (Local Operating Units).

United LEI is an independent Registration Agent in the Global Legal Entity Identifier system. We cooperate with GLEIF accredited LOUs for the issuance, renewal and maintenance of LEI numbers.

Service

1. United LEI processes and disseminates LEI registration applications on behalf of the applicant company or legal entity.United LEI offers registration and maintenance, and any. automatic renewal of LEI numbers on behalf of the applicant company or legal entity.

2. Upon acceptance of the terms and conditions, the applicant business or legal entity accepts that United LEI, on behalf of the applicant business or legal entity, has authorization (power of attorney) to perform the registration and maintenance of LEI numbers with a LEI issuing LOU (Local Operating Unit) . The applicant business or legal entity also accepts that United LEI is authorized to create, maintain, renew and transfer the applicant’s or legal entity’s LEI number to another LOU, if this does not incur costs to the applicant business or legal entity .

3. The applicant confirms they have the full authority to apply for LEI on behalf of the legal Entity. United LEI has the right to ask for a Letter of Authorization that would serve as a proof that the applicant has the right to apply for an LEI on behalf of the legal entity. 

4. The applicant is obliged to ensure that the LEI application is unambiguous, ie. that no LEI number has already been applied for to the same entity or company. If the LEI applicant company or legal entity already holds a valid LEI number, the application will be rejected by the respective LOU. In this case, United LEI will reserve the right to continue to charge the fee to cover the costs of processing the application.

5. The applicant is aware and agrees to give all rights to LEI, INC to sign the terms and conditions of the selected LOU. For example the terms of service for RapidLEI can be found from here. The terms of service among LOUs are very similar as they all follow GLEIF’s guidelines.  

6. Once the application has been paid United LEI will start registering or renewing the LEI code.

7. The LEI will be forwarded to the customer by e-mail once the process has been completed.

Prices and payments

Registration

The current registration fees can be found under the unitedlei.co.uk website, under the subsection “Prices”. This fee covers initial registration and creation of a LEI number as well as maintenance and changes to the registration for the selected period from 12 to 60 months. 

The amount is payable by credit card, paypal or bank transfer to United LEI bank connection, the information appears on the invoice that the LEI applicant company or legal entity receives when ordering. The application process will not start until we have registered the payment.

Renewal

The current registration fees can be found under the unitedlei.co.uk website, under the subsection “Prices”. This fee covers initial registration and creation of a LEI number as well as maintenance and changes to the registration for the selected period from 12 to 60 months. 

If the LEI registration is not renewed, the LEI number automatically expires after the purchased renewal period has lapsed (12 – 60 months). United LEI will reserve the right to contact the LEI applicant company or legal entity, approx. 2 months before the expiry of the LEI number with a renewal reminder. The contact will be made via the email address provided in connection with the creation.

Responsibilities of the LEI applicant

The LEI applicant company or legal entity guarantees that all information provided to United LEI is accurate and up to date. If incorrect or outdated information is provided, United LEI disclaims all liability for delays in the validation process of the LEI issuing LOU due to missing or incorrect information. Likewise, United LEI disclaims responsibility for costs associated with failure to report changes to the entity or company (corporate actions) that may impact the maintenance of the LEI number.

The LEI applicant company or legal entity accepts that it is obliged to report all relevant changes as soon as possible. Relevant changes are all changes to the information provided to United LEI in connection with the initial LEI application. If the LEI applicant company or legal entity does not report relevant changes on an ongoing basis, United LEI disclaims any responsibility for financial or legal consequences of the failure to report. The LEI applicant company or legal entity is required to update contact information so that United LEI has the opportunity to make contact.

United LEI reserves the right to request additional documentation should any third party register for the LEI applicant business or legal entity.

Responsibility of United LEI 

United LEI verifies and validates that information provided by the registrant is adequate for the subsequent processing by the individual LOU. United LEI will contact the registrant if the application is incomplete in order to obtain additional information that can complete the application. United LEI will make reasonable efforts to investigate whether the LEI applicant entity or company has not previously been issued a LEI number. United LEI will contact the registrant no later than 2 months before the expiry of the LEI number if the LEI applicant entity or company.

General terms

Current terms and conditions are subject to change without notice. The applicable terms and conditions can be found under the Terms and Conditions on the company’s website. Significant changes will be communicated to the registered email address provided by the registrant. Under normal circumstances, the LEI applicant entity or company should expect a total processing time of 1 hour to 24 hours from the application is submitted until a valid LEI number can be submitted. The LEI applicant company or legal entity accepts that under special circumstances it may take up to 7 days before the application is finalized and a valid LEI number can be submitted.

Cancellation

The LEI applicant entity or company accepts that there is no cancellation right after the application is submitted and paid. United LEI is under no obligation to refund any fees paid if the LEI applicant or legal entity cancels after payment of the fee has been made.

Publicly available data

The registrant accepts that information provided to United LEI in connection with the creation of a LEI registration will be disclosed and published on the GLEIF website.

Governing Law

Governing law: This agreement and any dispute or claim (including non-contractual disputes or claims) arising out
of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with
the law of England and Wales.
Jurisdiction: Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to
settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this
agreement or its subject matter or formation.

Table of Contents