Post by: Renu Suresh in Banking Commercial Transaction
Legal Entity Identifier for Large Value Transactions The Reserve Bank of India (“RBI”) recently issued a circular introducing the Legal Entity Identifier (LEI) for all payment transactions of the value of Rs.50 crore and above undertaken by entities using the…
Legal Entity Identifier Code Legal Entity Identifier (LEI) Code is a global reference number that identifies every legal entity participating in a financial transaction. The RBI (Reserve Bank of India) has mandated the Legal Entity Identifier Code for all participants…
